In a capital project, an old machine, which was purchased at a cost of 600.000...
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Finance
In a capital project, an old machine, which was purchased at a cost of 600.000 TL 3 years ago and had a useful life of 5 years will be sold now at a price of 300.000 TL. The machine also had a salvage value of X. The company applies accelerated depreciation method. Tax rate is 40%. In order to produce a net disposal cash inflow of 269.472 TL, what should be the X ?
A) 60.000 TL
B) 80.000 TL
C) 100.000 TL
D) 120.000 TL
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