Raj posted an Question
May 04, 2021 • 16:30 pm 1 points
  • UGC NET
  • Management

Hillthl a firm is investng in an equipment which falls in 5-years macrs. the cost of the machine is $200,000 and the firm spent $20,000 for shipping, at the end

HilltHl A firm iS investng in an equipment which falls in 5-years MACRS. The cost of the machine is $200,000 and the firm spent $20,000 for shipping, at the end of its life the machine could be sell for $30,000. If the firm 1s in 34% tax bracket compute the tax savings from depreciation in year-5.

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    Eduncle best-answer

    Dear Raj,

    Greetings!!

    Please refer to the attached file for the solution.

    Thank You

    solution 1.pdf
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