Question: Maynard's Tools needs a computerized machine tool lathe which costs $ 9 1 , 3 5 2 and requires $ 7 , 0 3 7
Maynard's Tools needs a computerized machine tool lathe which costs $ and requires $ in maintenance expense for each year of its year life. After five years, this machine will be replaced. The machine falls into the MACRSyear class life category. Assume a tax rate of percent and a discount rate of percent. If the lathe can be sold for $ at the end of year what is the aftertax salvage value? Below are the MACRS rates for the year recovery period.
DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ENTER YOUR ANSWER TO THE NEAREST DOLLAR eg
tableYearMACRS Rate
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