Your firm needs a machine which costs $150,000, and requires $30,000 in maintenance for each...
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Your firm needs a machine which costs $150,000, and requires $30,000 in maintenance for each year of its 3 year life. After 3 years, this machine will be replaced. The machine falls into the MACRS 3-year class life category Assume a tax rate of 21% and a discount rate of 14%. If this machine can be sold for $15,000 at the end of year 3, what is the after tax salvage value? Multiple Choice $3,885.00 $11,850.00 $14.18415 $8,781
Mipe cires. siantoo swie
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