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Pls help with Question 11 Question 11 4 points Save Answer A 4-year project requires the purchase of $120 thousand of equipment that will be
Pls help with Question 11
Question 11 4 points Save Answer A 4-year project requires the purchase of $120 thousand of equipment that will be depreciated according to the schedule below. If the market value of the equipment is at the end of the 4-year project is $17 thousand and the company's corporate tax rate is 39%, what is the after-tax salvage value of the equipment at the end of the project? Depreciation Schedule: Year 1 2 3 Annual Depreciation Expense $18,000 $30,000 $38,400 4 $14,400 Enter your answer as a full number (not in thousands) with no decimal places of precision (a whole number). Do not enter your answer with commas or the dollar signStep by Step Solution
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