What is the after-tax salvage value of the new machinery


ABC, Inc purchased some new machinery three years ago for $236,394. Today, it is selling this machinery for $41,198. What is the After-tax Salvage Value of the new machinery? Assume that the tax rate is 33%.

The MACRS allowance percentages are as follows, starting with Year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.

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Mathematics: What is the after-tax salvage value of the new machinery
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