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Question 3 14 points) Listen Samed The manager of the Grand function Furniture Company decides to dispose of the specialty tools, acquired 2 years ago

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Question 3 14 points) Listen Samed The manager of the Grand function Furniture Company decides to dispose of the specialty tools, acquired 2 years ago at a cost of $430,000 (including installation), to another form for S150,000. How much of an het tax cash flow will result, assuming that the tools were being depreciated based on the year MACRS rates and the company's marginal tax rate is 35%. The percentages of 3 year MACRS are year one: 33.334. year we 4445465 year three 14. 1 year four 7.41) $112,853 $160,894 $150,000 $13241

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