g the company purchased an equipment at $55,275. Two years later, the equipment is sold for $24,120. The equipment is classified as five-year property for MACRS. The MACRS annual depreciation rates are 20%, 32%, 19.2%, 11.52%, 11.52%, 5.76%, for Years 1 to 6, respectively. What is the after tax salvage value of this sale at the year 2
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g the company purchased an equipment at $55,275. Two years later, the equipment is sold for $24,120....
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