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Manning Corporation is considering a new project requiring a $ 1 1 0 , 0 0 0 investment in test equipment with no salvage value.
Manning Corporation is considering a new project requiring a $ investment in test equipment with no salvage value. The project would produce $ of pretax income before depreciation at the end of each of the next six years. The company's income tax rate is In compiling its tax return and computing its income tax payments, the company can choose between the two alternative depreciation schedules shown in the table. PV of $ FV of $ PVA of $ and FVA of $Use appropriate factors from the tables provided.
tabletableStraightLineDepreciationtableMACRSDepreciationYear $$
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