An asset used in a four - year project falls in the five - year MACRS class
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Question:
An asset used in a fouryear project falls in the fiveyear MACRS class MACRS schedule 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?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
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