An asset used in a 4-year project falls in the 5-year MACRS class (MACRS Table)...
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Accounting
An asset used in a year project falls in the year MACRS class MACRS Table for tax purposes. The asset has an acquisition cost of $ and will be sold for $ at the end of the project.
If the tax rate is percent, what is the aftertax salvage value of the asset?
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