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

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Cost recovery. Brock. Florist Company bought a new delwery truck for $29,000 It was classifed as a light-duty truck The company sold its delivery truck after three years of service: If a five-year Me and MACRS. . was used lor the depreciation schedule, what is the after-tax cash flow from the sale of the truck (use a 40% tax rate) if a. the sales price was $17,0007 b. the sales price was $10,000 ? c. the sales price was $3,000 ? Data table a. II the sales price was $17.000, what would be the after tax cash flow? MACRS Fixed Annual Expense Percentages by Recovery Class (Round to the nearest cent) b. If the sales price was $10.000, what would be the after tax cash fow? (Round to the nearest cent.) c. If the sales price was 53,000 , what would be the after tax cash flow? (Round to the nearest cent)

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