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ROR Inc. bought a new building for its headquarters in the year 2010. The purchase cost was 791,219 dollars and in addition it had to
ROR Inc. bought a new building for its headquarters in the year 2010. The purchase cost was 791,219 dollars and in addition it had to spend 64,956 dollars adapting the space for its services. The building was in use since September 24th, 2010. YTM forecasted that in 2053 the building would have a net salvage value of $5,000,000. Using the US Straight Line Depreciation Schedule, estimate the Net Cash Flow from Salvage Value if ROR Inc. decided to sell the building on October 16th 2013 for $1,032,436, and that the prevailing tax rate for capital gains was 34%. (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas) You Answered 927,318 Correct Answer 949,493.48 margin of error +/- 800
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