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Need genuine correct answer ASAP Your firm needs a machine which costs $130,000, and requires $28,000 in maintenance for each year of its 3 year
Need genuine correct answer ASAP
Your firm needs a machine which costs $130,000, and requires $28,000 in maintenance for each year of its 3 year life. After 3 years, this machine will be replaced. The machine falls into the MACRS 3-year class life category. Assume a tax rate of 21% and a discount rate of 13%. If this machine can be sold for $13,000 at the end of year 3 , what is the after tax salvage value? A12292.93B-3367.00C7610.00D-10,270.00Step by Step Solution
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