Question: An asset used in a four - year project falls in the five - year MACRS class for tax purposes. The asset has an acquisition
An asset used in a fouryear project falls in the fiveyear MACRS class for tax purposes.
The asset has an acquisition cost of $ and will be sold for $ at the
end of the project. If the tax rate is percent, what is the aftertax salvage value of the
asset? Refer to Table Do not round intermediate calculations. Round your answer
to the nearest whole dollar. Enter your answer in dollars, not millions of dollars, eg
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