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McMurray Hatchery purchased a dump truck that cost $85,000. They also spent $8,000 to have the dump bed customized. The truckWhat was the after-tax salvage value for the truck? Round to the nearest whole number and no commas Answer:

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Answer #1

=Sale price-(Sale price-Cost*(MACRS for year 5+MACRS for year 6))*tax rate
=50000-(50000-(85000+8000)*(11.52%+5.76%))*20%
=43214.08

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