EGR Corporation has one asset worth $650,000.Accumulated Depreciation to date is $230,000 and accumulated CCA is $200,000.The Corporation also recorded warranty expense of $35,000.To date no customers have required warranty service, so no warranty expenditures have been made.Assuming the tax rate is constant at 40%, this will result in a:

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The Answer of EGR Corporation has one asset worth $650,000.Accumulated Depreciation to date is $230,000 and accumulated CCA is $200,000.The Corporation also recorded warranty expense of $35,000.To date no customers have required warranty service, so no warranty expenditures have been made.Assuming the tax rate is constant at 40%, this will result in a:

EGR Corporation Has One Asset Worth $650,000