A corporation purchased a machine for $60,000 three years ago. It had an estimated life of 10 years and an estimated salvage value of $9,200. The current BV of this machine in $29,000. If the current MVof the machine is $36,500 and the effective income tax rate is 22%, what is the after-tax investment value of the machine? Use the outsider viewpoint. Choose the correct answer below. A. $28,400 OB. $38.150 OC. $29,680 OD. $34,850 OE $36,500 Gm

A corporation purchased a machine for $60,000 three years ago. It had an estimated life of 10 years and an estimated salvage value of $9,200. The current BV of this machine in $29,000. If the current MVof the machine is $36,500 and the effective income tax rate is 22%, what is the after-tax investment value of the machine? Use the outsider viewpoint. Choose the correct answer below. A. $28,400 OB. $38.150 OC. $29,680 OD. $34,850 OE $36,500 Gm

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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REMOVE PERCENTAGE SIGN PRESENT 33.333333% AS 33.33
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