Question: 4. value: 1.00 points Problem 9-19 Operating Cash Flows (L03) Talia's Tutus bought a new sewing machine for $40,000 that will be depreciated using the

 4. value: 1.00 points Problem 9-19 Operating Cash Flows (L03) Talia's

4. value: 1.00 points Problem 9-19 Operating Cash Flows (L03) Talia's Tutus bought a new sewing machine for $40,000 that will be depreciated using the MACRS depreciation schedule for a 5-year recovery period. a. Find the depreciation charge each year. Depreciation Year 1 2 $ 3 4 5 6 b. If the sewing machine is sold after 3 years for $22,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? After-tax proceeds $

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