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Cost recovery. Richardses' Tree Farm, inc. purchased a new aerial tree trimmer for $93,000. It is classified in the property class cafegory of a single-purpose

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Cost recovery. Richardses' Tree Farm, inc. purchased a new aerial tree trimmer for $93,000. It is classified in the property class cafegory of a single-purpose agricutural and horticuitural structure. Then the company sold the tree trimmer alter four years of service. If a seven-year Me and MACRS, was used for the depreclation schedule, what is the affer-tax cash flow from the sale of the trimener (use a 35% tax rate) it a. the sales ptice was $36,000? b. the sales price was $29,053.207 c. the sales price wes $21,000 ? Data table a. If the sales price is $36,000, what MACRS Fixed Annual Expense Percentages by Recovery Class (Round to the neasest cent)

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