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Stem Co., purchased some seven-year MACRS equipment six years ago at a cost of $247,000. Today, the company is selling this equipment for $40,000. The

Stem Co., purchased some seven-year MACRS equipment six years ago at a cost of $247,000. Today, the company is selling this equipment for $40,000. The tax rate is 15 percent. What is the aftertax cash flow from this sale? The MACRS allowance percentages are as follows, commencing with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent. $42,475.00 $35,004.50 O $40,000.00 $38,961.00 $27,534.00
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Stem Co., purchased some seven-year MACRS equipment six years ago at a cost of $247,000. Today, the company is selling this equipment for $40,000. The tax rate is 15 percent. What is the aftertax cash flow from this sale? The MACRS allowance percentages are as follows, commencing with Year 1:14.29,24.49,17.49,12.49,8.93,8.92,8.93, and 4.46 percent 542,475,00 $35,004.50 540,000,00 $38.961.00 $27.534.00

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