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please answer 4 pts Question 1 HD just purchased $68,800 of equipment that is classified as 5-year MACRS property The MACRS rates are 20 percent,
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4 pts Question 1 HD just purchased $68,800 of equipment that is classified as 5-year MACRS property The MACRS rates are 20 percent, 32 percent, 192 percent, 11.52 percent, 11.52 percent, and 5.76 percent for Years 1 to 6, respectively. HD estimates that at the end of year 4, he could sell the equipment for $12,000. What would be the after-tax proceed from selling the equipment at that time, assuming a 21% tax rate? O $11.912.03 $11.976.61 $9.480.00 O $12.000.00 O $11.888.64 MacBook Pro Step by Step Solution
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