Question: Question 12 (1 point) A high precision programmable router for shaping furniture components is purchased by Henredon for $180000. It is expected to last 12

 Question 12 (1 point) A high precision programmable router for shaping

Question 12 (1 point) A high precision programmable router for shaping furniture components is purchased by Henredon for $180000. It is expected to last 12 years and have a salvage value of $8000. It is considered a MACRS 7 year property. It will produce $84000 in net revenue each year during its life. Corporate income taxes are 0.39 and the after-tax MARR is 0.16. What is the Taxable Income for year 1 Your Answer: Answer Question 13 (1 point) A high precision programmable router for shaping furniture components is purchased by Henredon for $240000. It is expected to last 12 years and have a salvage value of $3000. It is considered a MACRS 7 year property. It will produce $31000 in net revenue each year during its life. Corporate income taxes are 0.43 and the after-tax MARR is 0.14 What is the ATCF for year 2? Your

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