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Your firm is about to sell equipment that it has used for two years. It was being depreciated on the 3 year Modified Accelerated Cost
Your firm is about to sell equipment that it has used for two years. It was being depreciated on the 3 year Modified Accelerated Cost Recovery System (MACRS) schedule. The equipment was originally purchased for $45,000 and will be sold for $5.000. This year's depreciation is $6,660, while accumulated depreciation is $41.670. The tax rate is 32%. What is the after-tax salvage value? OA. 3,400 OB. 4,388) OC. 4,466 OD. 16,734 OE. 534 OF. 15,669 OG. 5,534 . 5.000 OI 1,136 OJ. 2,544
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