A delivery truck was just purchased for $80,000, It's estimated salvage value at the end of its
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Question:
a. What is the amount of annual depreciation?
b. What is the book value after 6 years?
c. Assuming the company decides to sell the truck after 6 years of service, and receives $50,000 from the sale, calculate the after-tax net cash inflow from the sale of the truck.
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