The book value of the machinery is 16024 the tax rate is 30


Five years ago, ABC Company invested $52,338 in a machinery. The investment in net working capital was $8,588 which would be recovered at the end of the project. Today, ABC Company is selling the machinery for $15,938. The book value of the machinery is $16,024. The tax rate is 30 percent. What are the terminal cash flows in Year 5?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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Finance Basics: The book value of the machinery is 16024 the tax rate is 30
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