P10-10 (similar to) Question Help Cost recovery. Richardses Tree Fam, Inc purchased a new aerial...
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P10-10 (similar to) Question Help Cost recovery. Richardses Tree Fam, Inc purchased a new aerial tree trimmer for $87,000 It is dlassified in the property class category of a single-purpose agricultural and orticultural structure. Then the company sold the tree trimmer after four years of service If a seven-year life and MACRS,. was used for the depreciation schedule, what is the after-tax cash flow from the sale of the trimmer (use a 40% tax rate)if a. the sales price was $36,000 b. the sales price was $27,17880? C. the sales price was $22.0007 a. If the sales price is $36,000, what is the after-tax cash flow (Round to the nearest cert )

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