-> Petra, Inc. paid $49,761 in interest expenses on its long-term debt. Ifpetra's marginal tax rate is 0.27%, what was the "after-tax cost" of this interest expense? (round to the nearest dollar)

-> Edward's Associates' financial statement indicated that the company had a taxable income of $145,000. How much will the company pay in taxes if they use the following tax table?

Tax Rate	Taxable Income
15%	$0 to $50,000
25%	$50,001 to $75,000
34%	$75,001 to $100,000
39%	$100,001 to $335,000

->

What is the net book value of an asset, as reported on the balance sheet at the end of year 3, if the asset was purchased for $2,000,000 and has been depreciating using the following schedule? Year 1	20%
Year 2	32%
Year 3	19.2%
Year 4	11.52%
Year 5	11.52%
Year 6	5.76%