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need answer asap Power Manufocturing has equipment that it purchased 6 years ago for $2,100.000. The equipment was used for a project that was intended
need answer asap
Power Manufocturing has equipment that it purchased 6 years ago for $2,100.000. The equipment was used for a project that was intended ta last for 8 years and was being depreciated over the life of the project. However, due to low demand, the project is being shut down. The equipment was depreciated using the stralght-line method and can be sold for $310,000 today. The companys tax rate is 21 percent. What is the aftertax solvage value of the equipment? Muliple Choice $310,000 $355,150 5175.,100 $332,575 Step by Step Solution
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