Three-year property class type equipotent bought for 30000


Three-year property class type equipotent bought for $30,000 is being disposed of $20,000 at the end of three years. The company is at a 35% tax bracket. Compute the tax consequence, if any for this equipment.

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Business Economics: Three-year property class type equipotent bought for 30000
Reference No:- TGS01283317

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