Calculate your taxes, You have purchased equipment costing

Calculate your taxes

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Reference no: EM131506726

You have purchased equipment costing $100,000 and will depreciate it according to the schedule for a MACRS five-year asset. You have a 40% tax rate and sell the equipment for $25,000 at the end of six years. Calculate your taxes.

Reference no: EM131506726

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Calculate your taxes : You have purchased equipment costing $100,000 and will depreciate it according to the schedule for a MACRS five-year asset. Calculate your taxes.

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