Previous Page Next Page Page zo 15 Question 2 (1 point) An equipment uses 3 years MACRS depreciation. The equipment was initially purchased for $10,000. After 3 years use, the equipment was sold at $8,000. What is the Net Salvage Cash Flow when the equipment was sold? Tax rate is 20%. First year depreciation=33.33%. Second year depreciation is 44.45%. Third year depreciation is 14.81%. Fourth year depreciation is 7.41%. $7235.1 $8530.0 $5302.5 $6548.2 Previous Page Next Page Page 2 of 15