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(simil stion Help 1 Data Table S with a 5-yea ue and period usi the ate the fi 3 5 7 10 maining Totals 100% r answer Print Done wer ingP11-8 (similar to) Question Help * Book value and taxes on sale of assets Troy Industries purchased a new machine 4 year(s) ago for $78,000. It is being depreciated under MACRS with a 5-year recovery period using the schedule . Assume 40% ordinary and capital gains tax rates a. What is the book value of the machine? b. Calculate the firms tax liability if it sold the machine for each of the following amounts: $93,600, $54,600; $13,260, and $9,300. ning book value is sR Round to the nearest dollar) book value is $( Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer

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Home nert Page Layout Formulas Data Review View dd-Ins s Cut aCopy E AutoSum ー E ゴWrap Text в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 Conditional Format eCell Insert Delete Format Sort &Find & Format Painter Formatting as Table Styles2 Clear Clipboard YW28 YO Alignment Number Cells Edting YP YR YS YT YV YX YZ ZB 12 13 14 15 16 17 18 19 20 21 COST 78000 MACRS DEPRECIATION BOOK VALUE COST -DEPRE 20 32 19 12 15600.00 24960.00 14820.00 9360.00 62400.00 37440.00 22620.00 13260.00 4 BOOK VALUE AT THE END OF 4 YEARS S 13,260.00 TAX LIABILITY SALE PRICE BOOK VALUE PROFIT/LOSS TAX LIABILITY 23 24 25 26 27 28 29 30 S 93,600.00 54,600.00 $ 13,260.00 9,300.00 S 13,260.00 13,260.00 $ 13,260.00 $ 13,260.00 $ 80,340.00 41,340.00 $ $ 32,136.00 S 16,536.00 $ TAX PAYMENT TAX PAYMENT $ -3,960.00 $ -1,584.00 TAX CREDIT トト MIRR NPV IRR REPLACEMENTS-HPR GMAM ( EAC MACRS LEASE RATIOCASHBUDGET wacc- BOND EPS EBIT REPLACEMENT STat NPV BETA LEVERED ☆ 福 erences: H49 130% 07-01-2019

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