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Your firm needs a computerized machine tool lathe which costs $ 5 3 , 0 0 0 and requires $ 1 2 , 3 0
Your firm needs a computerized machine tool lathe which costs $ and requires $ in maintenance for each year of its year life. After three years, this machine will be replaced. The machine falls into the MACRS year class life category, and neither bonus depreciation nor Section expensing can be used. Assume a tax rate of percent and a discount rate of percent.
If the lathe can be sold for $ at the end of year what is the aftertax salvage value? Round your answer to decimal places.
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