the jones company has just completed the third year lf s five uear marcs recoveru period for a piece of equpiment it orginally purchased for 301,000

a) what is the book value of the equipment?

b) if jones sells the equipment today for 175,000 and its tax rate is 21% what is the after tax cash flow from selling it?(assume that the equipment is put into yae in year 1)

use equation to solve problem