(Solved by Humans)-abc purchased a machine for 75000 this machine has a 3 year
Question
abc purchased a machine for 75000 this machine has a 3 year recovery asset under MACRs with depreciation expenses of: year 1 = 33.33%, year 2 = 44.45%, year 3 = 14.81%, year 4 = 7.41%. abc has a tax rate of 35% if the machine is sold at the end of three years for 30,000$ what is the cash flow from disposal
plz give detailed response and step by step i will give you a large tip
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