Question: Given an asset with a net book value ( NBV ) of $ 1 7 , 0 0 0 . a . What are the

Given an asset with a net book value (NBV) of $17,000.
a. What are the after-tax proceeds for a firm in the 38% tax bracket if this asset is sold for $26,000 cash?
b. What are the after-tax proceeds for a firm in the 38% tax bracket if this asset is sold for $10,000 cash?

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