Question: 11-2. An asset falling under the MACRS five-year class was purchased three years ago for $200,000 (its original depreciation basis). Calculate the cash flows if

11-2. An asset falling under the MACRS five-year class was purchased three years ago for $200,000 (its original depreciation basis). Calculate the cash flows if the asset is sold now al a. $60,000 b. $80,000 Assume the applicable tax rate is 25 percent

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