ABC Company purchased $94,118 of equipment 4 years ago. The equipment is 7-year MACRS property. The firm is selling this equipment today for $5,129.
ABC Company purchased $94,118 of equipment 4 years ago. The equipment is 7-year MACRS property. The firm is selling this equipment today for $5,129. What is the After-tax Salvage Value if the tax rate is 15%?
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