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! Required information Complete the last four columns of the table below using an effective tax rate of 40% for an asset that has
! Required information Complete the last four columns of the table below using an effective tax rate of 40% for an asset that has a first cost of $20,000, no salvage value, and a 3-year recovery period. Use straight line depreciation. (All cash flows are in $1000 units.) Estimates, Estimates, Estimates, Estimates, Estimates, Estimates, Estimates, $ $ $ $ $ $ $ Year GI P OE D TI Taxes CFAT 0 -20 - -20 1 9 -2 234 12 17 11 00 -4 -3 -5 2435
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