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Could someone please help me solve this? 6) Your company is evaluating a new project that will require the purchase of an asset for $32,000

Could someone please help me solve this?

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6) Your company is evaluating a new project that will require the purchase of an asset for $32,000 installed. The asset will be depreciated using 3-year MACRS. The asset will be operated for 3 years and expected to have a market value of $6,000 at the end of 3 years. Assuming tax rate is 30%. Using the tax rates from the provided table, what is the book value of the asset after 3 years? Year 5-year 3-year 0.333 0.445 0.2 7-year 0.143 0.245 0.175 0.32 0.148 0.192 0.074 0.115 0.115 0.125 0.089 0.089 0.058 I oc vou AwN- 0.089 0.045

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