The Galley purchased some 3 - year MACRS property 2 years ago at a cost of $
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Question:
The Galley purchased some year MACRS property years ago at a cost of $ The MACRS rates are percent, percent, percent, and percent. The firm no longer uses this property so is selling it today at a price of $ Assume the firm ignores bonus depreciation and has a tax rate of percent. What is the aftertax salvage value of this asset?
Aftertax salvage value $
If The Galley had taken bonus depreciation, what would the aftertax salvage value of the sale be
Aftertax salvage value with bonus depreciation $
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