Question: Question 1 ents BrummittCorp is evaluating a new 4-year project. The equipment necessary for the project will cost $2.850,000 and can be sold for $15.000
Question 1 ents BrummittCorp is evaluating a new 4-year project. The equipment necessary for the project will cost $2.850,000 and can be sold for $15.000 at the end of the project. The asset is in the 5-year MACRS class. The depreciation percentage each year is 20.00 percent, 12.00 percent. 19.20 percent. 11.52 percent and 11.52 percent respectively. The company's tax rate is 40 percent. What is the aftertax salvage value of the equipment? O 5244,008 O $254.664 5385.992 $315.000 $189.000
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