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Business, 05.09.2019 22:10, akitchen10
As asset used in a four-year project falls in the five-year macrs class for tax purposes. the asset has an acquisition cost of $6,400,000 and will be sold for $1,530,000 at the end of the project. if the tax rate is 34 percent, what is the after tax salvage value of the asset?
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