if the truck can be sold for $2,400

the truck is priced at 60,000 using MACRS approach

Apple Landscaping Inc has decided the MACRS approach to depreciation for the Do following information: EQUIPMENT USED IN RESEARCH 3-YR 5-YR AUTOS, COMPUTERS 7-Y MOST INDUSTRIAL EQUIPMENT PROPERTY CLASS 3Y 5Y 7Y YR 1 33.33% 20.00% 14.29% 2 44.45% 3 14.81% 32.00% 24.49% 4 741% 19.20% 17.49% 5 11.52% 12.49% 11.52% 5.76% 8.93% 8.92% 8.93% Based on the table shown above, and a corporate tax rate of 21% v 1. the depreciation for year 3 will be $ [Select) 2 the book value at the end of year 4 will be $ [Select] 3. the net salvage cash flow at the end of year 5 will be $ (Select] for $2.400 Apple Landscaping Inc has decided the MACRS approach to depreciation for the Do following information: EQUIPMENT USED IN RESEARCH 3-YR 5-YR AUTOS, COMPUTERS 7-Y MOST INDUSTRIAL EQUIPMENT PROPERTY CLASS 3Y 5Y 7Y YR 1 33.33% 20.00% 14.29% 2 44.45% 3 14.81% 32.00% 24.49% 4 741% 19.20% 17.49% 5 11.52% 12.49% 11.52% 5.76% 8.93% 8.92% 8.93% Based on the table shown above, and a corporate tax rate of 21% v 1. the depreciation for year 3 will be $ [Select) 2 the book value at the end of year 4 will be $ [Select] 3. the net salvage cash flow at the end of year 5 will be $ (Select] for $2.400