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4. XYZ inc. replaced an old machine with a new one that was bought for $150,000. This spend an additional $20,000 in ins
Posted: Tue Apr 26, 2022 11:51 am
by answerhappygod
- 4 Xyz Inc Replaced An Old Machine With A New One That Was Bought For 150 000 This Spend An Additional 20 000 In Ins 1 (75.85 KiB) Viewed 40 times
4. XYZ inc. replaced an old machine with a new one that was bought for $150,000. This spend an additional $20,000 in installation cost. This is a bugger machine that will require additional $50,000 in working capital. The old machine that was being depreciated under MACR's method is a 5 year asset class was bought 8 years ago for $75,009 and is sold to a dealer for $10,000. XYZ is in 40% tax bracket. The initial investment is: