Question: im pretty sure im wrong. please help Talia's Tutus bought a new sewing machine for $90,000 that will be depreciated over 5 years using double-declining

im pretty sure im wrong. please help  im pretty sure im wrong. please help Talia's Tutus bought a
new sewing machine for $90,000 that will be depreciated over 5 years

Talia's Tutus bought a new sewing machine for $90,000 that will be depreciated over 5 years using double-declining balance depreciation with a switch to straight-line. Required: o. Find the depreciation charge each year. b. If the sewing machine is sold after 4 years for $26.000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? Complete this question by entering your answers in the tabs below. Required A Required B Find the depreciation charge each year. Year 1 Depreciation $ 12,800 25,600 38.400 2 51.200 5 54 000 Required B > Required A Required B If the sewing machine is sold after 4 years for $26,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? After-tax proceeds

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