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Southern Inc. purchases an asset for 153,000 the asset qualifies as a three-year recovery asset under MACRS with a fixed depreciation percentage as follows your
Southern Inc. purchases an asset for 153,000 the asset qualifies as a three-year recovery asset under MACRS with a fixed depreciation percentage as follows your 133.33% your 244.45% your 314.81% and your 47.14% southern has a tax rate of 20% if the asset is sold at the end of the year for two years for 17,000 what is the cash flow from this disposal
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