Three years ago green glass purchased a machine for a, Ask an Expert

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Three years ago, Green Glass purchased a machine for a 3-year project. The machine cost 868,000 and is being depreciated using MACRS 3 year class (use table in previous question) Today, the project ended and the machine was sold for 90,000. What is the aftertax salvage value of that machine if Green Glass is in the 40% tax rate?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92089798

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