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QUESTION 4 Today, XYZ purchased a piece of equipment for $260,000 that will be depreciated to $8,000 over 14 years using straight-line depreciation. What would

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QUESTION 4 Today, XYZ purchased a piece of equipment for $260,000 that will be depreciated to $8,000 over 14 years using straight-line depreciation. What would the after-tax cash flow be from selling the equipment if it is sold in 5 years for $180,000 and the tax rate is 40 percent? $111,200 (plus or minus $100) $174,857 (plus or minus $100) $6,000 (plus or minus $100) $176,000 (plus or minus $100) None of the above is within $100 of the correct

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