Question: please answer C Chapter 9 11. Operating Cash Flows. In January 2018. Talia's Tutus bought some equipment for a data network for $40.000 that will
Chapter 9 11. Operating Cash Flows. In January 2018. Talia's Tutus bought some equipment for a data network for $40.000 that will be depreciated in asset Class 46, which has a CCA rate of 30%. This firm's tax bracket is 35%. (102) a. Find the CCA amount each year for the next 3 years. b. If the equipment is sold after 3 years for $20,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? Assume that Talia's Tutus has other assets in Class 46. c. Now rework your calculations assuming that Talia's Tutus has no other assets in Class 46 and the asset class will be terminated upon the sale of the equipment in year 3
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