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Pre-Fab purchased some machinery two years ago for exist337, 600. These assets are classified as five-year property for MACRS. The MACRS rates are 2, 32,
Pre-Fab purchased some machinery two years ago for exist337, 600. These assets are classified as five-year property for MACRS. The MACRS rates are 2, 32, 192, 1152, 1152, 0576, for years 1 to 6, respectively. The company is currently replacing this equipment with newer models at a cost of exist528,000. The old equipment is being sold for exist149,000. What is the aftertax salvage value from this sale if the tax rate is 35 percent? Select one 144, 433.20 exist140, 287.09 exist142, 311.12 exist153, 566.80 exist149,000.00
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