Talias Tutus bought a new sewing machine for $45,000 that will be depreciated using the MACRS depreciation schedule for a 5 year recovery period a Find the depreciation charge each year b If the sewing machine is sold after 2 years for $32,000, what will be the after tax proceeds on the sale if the firms tax bracket is 40 After Tax Proceeds Year Depreciation

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Question: Talias Tutus bought a new sewing machine for $45,000 that will be depreciated using the MACRS depreciation schedule for a 5-year recovery period. a. Find

Talias Tutus bought a new sewing machine for $45,000 that will be depreciated using the MACRS depreciation schedule for a 5-year recovery period. a. Find the depreciation charge each year.

Talias Tutus bought a new sewing machine for $45,000 that will be

b. If the sewing machine is sold after 2 years for $32,000, what will be the after-tax proceeds on the sale if the firms tax bracket is 40%

After Tax Proceeds =

Year Depreciation

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