Question: 8 10 points Your firm needs a computerized machine tool tathe which costs $44.000 and requires $11,400 in maintenance for each year of its 3.
8 10 points Your firm needs a computerized machine tool tathe which costs $44.000 and requires $11,400 in maintenance for each year of its 3. year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class ille category. Assume a tax rate of 35 percent and a discount rate of 11 percent If the lathe can be sold for $4,400 at the end of year 3, what is the after-tax salvage value? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Salvage value after $ 3577.00
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