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Question: You own some equipment that you purchased 4 years ago at a cost of $220,400. The equipment is 5-year property for MACRS. You are considering selling the equipment today for $86,000. Which is the after tax salvage value of this equipment if your if your tax rate is 35 percent?

MACRS 5-year property
Year	Rate
1	20.00%
2	32.00%
3	19.20%
4	11.52%
5	11.52%
6	5.76%

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Category:- Basic Finance
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