Barney brothersnbsppurchased some new equipment 2 years ago, Business Management

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Barney brothersnbsppurchased some new equipment 2 years ago

Barney Brothers purchased some new equipment 2 years ago for $284,677. Today, it is selling this equipment for $55,300. What is the aftertax cash flow from this sale if the tax rate is 16 percent? The MACRS allowance percentages are as follows, commencing with year one: 20.00, 22.00, 22.20, 11.52, 11.52, and 4.76 percent

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Business Management: Barney brothersnbsppurchased some new equipment 2 years ago

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Business Management: Barney brothersnbsppurchased some new equipment 2 years ago

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