The Alpha Beta Corporations disposes a capital asset with an original cost of $85,000 and...
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Accounting
The Alpha Beta Corporations disposes a capital asset with an original cost of $85,000 and accumulated depreciation of $54,500 for $25,000. Alpha Beta's tax rate is 40%. Calculate the after tax cash inflow from the disposal of the capital asset
A. $2,200
B. ($2,200)
C. $27,200
D. 31,500
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