Reversing Rapids Co. purchases an asset for $136881. This asset qualifies as a five-year recovery asset under MACRS. The five-year expense percentages for years 1, 2, 3, and 4 are 20%, 32%, 19.2%, and 11.52% respectively. Reversing Rapids Has a tax rate of 30%. The asset is sold at the end of four years for $10156.

Calculate tax credit on disposal.

Reversing Rapids Co. Purchases an asset for $175995. This asset qualifies as a five-year recovery asset under MACRS. The five-year expense percentages for years 1, 2, 3, and 4 are 20%, 32%, 19.20%, and 11.52% respectively. Reversing Rapids has a tax rate of 30%. The asset is sold at the end of year 4 for $10322.

Calculate after-tax cash flow at disposal.