What is the after-tax salvage value of the machine

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Reference no: EM131328213

Boston Corp. purchased a new machine 3 years ago for $80000, and has depreciated it under MACRS with a 3-year recovery period. Assume a 40% tax rate. What is the after-tax salvage value of the machine if it can be sold today for $31000?

Reference no: EM131328213

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