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please show all work step by step Name & Class No following information: Revenue of the year is Problem.3 cse the foltowing MACRS Table and
please show all work step by step
Name & Class No following information: Revenue of the year is Problem.3 cse the foltowing MACRS Table and the s 150,000. Ak other business expenses can be written-off is $90,000. Business Debt interest paid is 10,000. The ordinary income tax marginal tax rate is 35% and capital(gain tax 7-year equipment has been deprectated for 4 years (This year is rate is 20%. In addition, a the 4th year of the depreciation) and is sold for $18,000 at the end of this year. This equipment was purchased at an original cost of $50,000. Calculate the After Tax Ca sh Flow including cash from the business operation and after tax cash received from selling the machine. 3.s7, 0- 15, and 20-Yoar Praporty Hiatf-Year Canveetion Deproclation rato for recovery porlod Year o-yoor 10.00% 20.009 32.D0 19.20 11.52 11.52 14.2g 96 44.4S 14.81 7.41 17.40 12.49 8.03 18.OC 14.40 11.52 9.22 5.00% D.bo 0.65 7.70 6.93 3.75096 7219 6.677 5.713 5.7 8.92 8.93 7.07 6.55 6.55 6.56 0.55 6.23 5.90 5.90 5.91 5.90 5.285 4.888 4.622 4.402 4.461 7 10 3.28 5.01 5.90 591 5,80 5.91 4.462 4.401 4.462 12 14 16 4.462 17 2.95 4.46 4.462 4.46 4.462 4.46 20 2.23Step by Step Solution
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