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IU purchased a super computer for $15,000. This computer qualifies for 5 -year recovery under MACRS. Use the Table provided in lectures. IU has a

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IU purchased a super computer for $15,000. This computer qualifies for 5 -year recovery under MACRS. Use the Table provided in lectures. IU has a tax rate of 20%. Assume that the super computer is sold for $4,000 at the end of year 4 . What is the aftertax salvage value? $2,765.21 $1,877.00 $3,718.40 $2,765.34

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