Question: Save Answer Question 15 10 points MM & Company is considering the purchase of a new machine for $50,000, installed. The machine has a tax

Save Answer Question 15 10 points MM & Company is considering the purchase of a new machine for $50,000, installed. The machine has a tax life of 5 years, and it can be depreciated according to the depreciation rates below. The firm expects to operate the machine for 4 years and then to sell it for $14,000. If the marginal tax rate is 40%, what will the after-tax salvage value be when the machine is sold at the end of Year 47 Year Depreciation Rate 0.20 2 0.32 3 0.19 4 0.12 5 0.11 6 0.06 a $10,266 1. $14,278 0 $11,800 d. $9.676 $9,794

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