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Bayou Energy are considering an environmental retrofit of a scrubber at a cost of $1.4...

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Accounting

Bayou Energy are considering an environmental retrofit of a scrubber at a cost of $1.4 M. This scrubber will have an estimated service life of 10 years. Considering it is a 5-year MACRS asset, and the salvage value of this asset is expected to be $550,000 at the end of 3 years. What are the tax implications?

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