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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 a first

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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 a first cost $20,000, no salvage value, and a 3-year recovery period. Use MACRS depreciation. Estimates. $ Estimates, $ OE Estimates. $ -20 Estimates. $ D Estimates. $ TI Estimates, $ Taxes GI Year 0 Estimates, $ CFAT -20 - - 1 11 - -2 17 - 2 3 14 0 -4 -3 -5 4 9 0

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