At the end of a 2 year project Graves Inc is selling a truck they will no longer need for $15,000. They purchased the truck for the project 2 years ago for $50,000. The truck is being depreciated over 5 years on a straight line basis. If Graves has a 21% tax rate what effect will the sale of the truck have on free cash flow in year three, Round you answer to the nearest $10. At the end of a 2 year project Graves Inc is selling a truck they will no longer need for $15,000. They purchased the truck for the project 2 years ago for $50,000. The truck is being depreciated over 5 years on a straight line basis. If Graves has a 21% tax rate what effect will the sale of the truck have on free cash flow in year three,

Round your answer to the nearest $10. (e.g. $4,335 would be entered as 4,340)