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answers in boxes are all wrong ! Required information Complete the last four columns of the table below using an effective tax rate of 40%
answers in boxes are all wrong
! Required information Complete the last four columns of the table below using an effective tax rate of 40% for an asset that has a first cost of $20,000, no salvage value, and a 3-year recovery period. Use MACRS depreciation. Estimates, $ Estimates, $ Estimates, $ Estimates, $ Estimates, $ Estimates, $ D Estimates, $ Taxes Year GI P OE TI CFAT 0 -20 -20 - - - - 1 9 -2 1.6 - 2 16 -4 1.96 - 3 12 0 -3 .933 4 9 0 -5 1.48 -3 -7.11 -6.66 -3 4 4.89 2.33 3.7 2.4 2.93 1.39 2.22Step by Step Solution
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