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using excel show the formulas Question 6 0/1 pts A company bought a machine for $123,000. The machine was depreciated using a 5 year MACRS
using excel show the formulas
Question 6 0/1 pts "A company bought a machine for $123,000. The machine was depreciated using a 5 year MACRS approach. After 5 years, the machine was sold at a salvage value of $98,200. Assuming a tax rate of 21%, what are the net proceeds from the sale of the machine? (Hint: You will want to take your salvage values and add/subtract gains due to the sale.)" ered 98,357.8 uswers 80,554 (with margin: 806) Question 6 0/1 pts "A company bought a machine for $123,000. The machine was depreciated using a 5 year MACRS approach. After 5 years, the machine was sold at a salvage value of $98,200. Assuming a tax rate of 21%, what are the net proceeds from the sale of the machine? (Hint: You will want to take your salvage values and add/subtract gains due to the sale.)" ered 98,357.8 uswers 80,554 (with margin: 806)Step by Step Solution
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