(CHAPTER 10)

Sunny Cali would like to invest $350,000 into specialized equipment that will be used to produce heat-resistant glass for residential windows. This equipment depreciates by the same amount each year over its 3-year economic life. The company is taxed at 35% rate.

The company is planning to sell this equipment in 4 years for a market price of $83,000.

At that time, the remaining book value will equal ........ $, and the company will get ........ $ after taxes from selling this??