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auto nation purchased some $100,000 of fixed assets three years ago that are classified as 5-year MACRS property. The MACRS rates are 20 percent, 32
auto nation purchased some $100,000 of fixed assets three years ago that are classified as 5-year MACRS property. The MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52 percent, 11.52 percent, and 5.76 percent for years 1 to 6, respectively. The tax rate is 34 percent. If the assets are sold today for $25,000, what will be the after-tax cash flow from the sale?
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