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Cost recovery. Brock Florist Company bought a new delivery truck for $29,000. It was classified as a light-duty truck. The company sold its delivery truck

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Cost recovery. Brock Florist Company bought a new delivery truck for $29,000. It was classified as a light-duty truck. The company sold its delivery truck after three years of service. If a five-year life and MACRS, was used for the depreciation schedule, what is the after-tax cash flow from the sale of the truck (use a 30% tax rate) i a. the sales price was $14,000? b. the sales price was $10,000? c. the sales price was $3,000? a. If the sales price was $14,000, what would be the after-tax cash flow? (Round to the nearest cent.) Year 5-Year 7-Year 10-Year 3-Year 1 33.33% 244.45% 3 14.81% 47.41% 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% 14.29% 24.49% 17.49% 12.49% 8.93% 8.93% 8.93% 4.45% 5 6 10.00% 18.00% 14.40% 11.52% 9.22% 7.37% 6.55% 6.55% 6.55% 6.55% 3.28% 7 0000 8 8. 9 10 11

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