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Question A company bought a piece of equipment for $254,000. The company is using the 7-year MACRS property class to depreciate the asset for tax

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"A company bought a piece of equipment for $254,000. The company is using the 7-year MACRS property class to depreciate the asset for tax purposes. At the end of year 5, the company sold the equipment for $99,000. The tax rate is 36%. What is the tax that the company pays from the sale of the equipment?"

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