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- WR 3 Quiz de Day! Se Talia's Tutus bought a new sewing machine for $80,000 that will be depreciated over 5 years using double
- WR 3 Quiz de Day! Se Talia's Tutus bought a new sewing machine for $80,000 that will be depreciated over 5 years using double dedining-balance depreciation with a switch to straight-line. Required: a. Find the depreciation charge each year. b. If the sewing machine is sold after 4 years for $20,000, what will be the after-tax proceeds on the sale if the firm's tax bracket 35%? Complete this question by entering your answers in the tabs below. Required A MARILLO Required B If the sewing machine is sold after 4 years for $20,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? After-tax proceeds
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