The jones company has just completed the third year of a, Financial Management

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The jones company has just completed the third year of a

The Jones Company has just completed the third year of a? five-year MACRS recovery period for a piece of equipment it originally purchased for $302,000.

a. What is the book value of the equipment?

b. If Jones sells the equipment today for $175,000 and its tax rate is 35%?,

what is the? after-tax cash flow from selling it?

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