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You own some equipment that you purchased four years ago at a cost of $287,000. The equipment is five-year property for MACRS. The MACRS rates

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You own some equipment that you purchased four years ago at a cost of $287,000. The equipment is five-year property for MACRS. The MACRS rates are 2, 32,192,1152.1152,0576, for depreciation? Years 1 to 6 respectively. You are considering selling the equipment today for $105,000. Which one of the following statements is correct if your tax rate is 24 percent and you claim no bonus The taxable amount on the sale is $54,593.60 The accumulated depreciation to date is $270,468.80. The tax due on the sale is $13,357.76. The aftertax salvage value is 191,702.46 The book value today is $49.406,40

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