Qu$$stion $27$

Southern Inc. purchases an asset for $$184,000.$ This asset qualifies as a $3-$year recovery asset under MACRS with the fixed depreciation percentages as follows: year $1=33\mathrm{.}33\%,$ year $2=44\mathrm{.}45\%,$ year $3=14\mathrm{.}81\%,$ and year $4=7\mathrm{.}41\%.$ Southern has a tax rate of $20\%.$ If the asset is sold at the end of $3$ years for $$40,000,$ what is the cash flow from disposal?

$$54,261$

$$43,409$

$$84,782$

$$67,826$

$$34,727$