OURCES apter Problem 11.09 Carla Vista Corporation just purchased computing equipment for $27,000. The equipment will be depreciated using a five-year MACRS depreciation schedule. If the equipment is sold at the end of its fourth year for $12,000, what are the after-tax proceeds from the sale, assuming the marginal tax rate is 35 percent? (Round answer to 2 decimal places, e.g. 15.25.) EXHIBIT 11.7 MACRS Depreciation Schedules by Allowable Recovery Period 10-Year The MACRS schedule is the tax depreciation rates that furms use for se n dinto service der the Tax Reform Act of 1986 went into effect. The table indicates the percentage of the cost of the asset that can be depreciated in each year during the period that it is being used. Year is the year in which the asiel is fint placed into service Year 3-Year S-Year 7.Year 15-Year 20-Year 33.33% 20:00 14.95 10.00 3.DOS 44 45 32.00 24.49 18.00 14.81 19.30 17.19 14.30 855 7.41 11.52 11.52 11.52 893 5.76 892 7.37 5.90 5.90 591 500 12.49 7.70 6.93 922 by Study 623 893 4.16 591 500 GESE 591 5.90 Parrino, Fundamentals of Corporate Finance, 4e Help System Announcements PRINTER VERSION (BAG Year 3-Year 33.33% 44.45 5-Year 20.00 32.00 7-Year 1429 24.49 17.49 12.49 10-Year 10.00 18.00 14.40 15-Year 5.00% 9.50 20-Year 3.755 7.22 6.68 19.20 11.52 5.76 BESO 4.46 4.46 4.46 4,46 4.46 4.46 4.46 4.46 4.46 46 Total 100.00% 100.00 10000 10000 10000 2.24 1000 After-tax proceeds O search ole ML 9 or ENG 1:09 AM