You bought a piece of equipment for $60,000.$ At the end of year $3,$ you sell it for $28,000.$ Calculate the after$-$tax cash flow using the following depreciation schedule. In Excel

Year MACRS percentages

$120\mathrm{.}00\%$

$232\mathrm{.}00\%$

$319\mathrm{.}20\%$

$411\mathrm{.}52\%$

$511\mathrm{.}52\%$

$65\mathrm{.}76\%$