Boston corp purchased a new machine 3 years ago for 80000
Boston Corp. purchased a new machine 3 years ago for $80000, and has depreciated it under MACRS with a 3-year recovery period. Assume a 40% tax rate. What is the after-tax salvage value of the machine if it can be sold today for $31000?
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boston corp purchased a new machine 3 years ago for 80000 and has depreciated it under macrs with a 3-year recovery
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