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Use the FOLLOWING DATA to complete the QUIZ: Base price is $95,000 $16,000 to modify MACRS 3-year class property Sold after THREE (3) years for

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Use the FOLLOWING DATA to complete the QUIZ: Base price is $95,000 $16,000 to modify MACRS 3-year class property Sold after THREE (3) years for $7,500 Additional Net Working Capital (NWC) required in the amount of $8,000 SAVINGS of $49,000 per year Tax rate is 25.0000% Cost of capital is 9.0000% MACRS Recovery Allowance Percentages

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