Winslow Motors purchased $225,000 of MACRS 5-year property.The MACRS rates are 20 percent,32 percent,19.2 percent,11.52 percent,11.52 percent,and 5.76 percent for Years 1 to 6,respectively.The tax rate is 21 percent.If the firm sells the asset after four years for $10,000,what will be the aftertax cash flow from the sale if the firm applies bonus depreciation?

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The Answer of Winslow Motors purchased $225,000 of MACRS 5-year property.The MACRS rates are 20 percent,32 percent,19.2 percent,11.52 percent,11.52 percent,and 5.76 percent for Years 1 to 6,respectively.The tax rate is 21 percent.If the firm sells the asset after four years for $10,000,what will be the aftertax cash flow from the sale if the firm applies bonus depreciation?

Winslow Motors Purchased $225,000 of MACRS 5-Year Property