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Required information Four years ago, Sienra instruments of Monterey, California, spent $200,000 for equipment for manufacturing standard gos flow calibrators. The equipment was depreciated by

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Required information Four years ago, Sienra instruments of Monterey, California, spent $200,000 for equipment for manufacturing standard gos flow calibrators. The equipment was depreciated by using Modified Accelerated Cost Recovery System (MACRS) using a 3 year recovery period. For year 4 , gross income (Gi) was $100,000, operating expenses (OE) was $58,000, and Te was 34\%. Develop hand andior spreadsheet solutions for year 4 only that determine the cash fow after taxes (CFAT) if the asset was disposed of as indicated below. (Neglect any tax effects caused by the sale-) The asset was discarded with no salvage value at the end of year 4. The CFAT is determined to be $

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