Question: Crossfire Inc. purchases a machine for $26,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages as follows: year

Crossfire Inc. purchases a machine for $26,000. This machine qualifies as

Crossfire Inc. purchases a machine for $26,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages as follows: year 1=20.00%; year 2=32.00%; year 3=19.20%; year 4=11.52%. Eastern has a tax rate of 25%. If the machine is sold at the end of four years for $4,600, what is the cash flow from disposal? 4,199 4,573 4.600 4,627

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