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You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $100,000. What will the book value of this equipment
You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $100,000. What will the book value of this equipment be at the end of 3rd year? At the end of 3^rd year, if the salvage value is 60,000, what is the after-tax salvage value, if the tax rate is 30%
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