Question 5 (1 point) Genetic Insights Co. purchases an asset for $19,804. This asset qualifies as a seven- year recovery asset under MACRS. The seven-year fixed depreciation percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49%, 12.49%, 8.93%, and 8.93%, respectively. Genetic Insights has a tax rate of 30%. The asset is sold at the end of six years for $3,593. Calculate After-Tax Cash Flow at disposal. Round the answer to two decimals. Your Answer: Answer Next Page Page 5 of 10 Submit Quia 4 of 10 questions saved