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Talia’s Tutus bought a new sewing machine for $70,000 that will be depreciat 1 answer below » Talias Tutus bought a new sewing machine for $70,000 that will be depreciated using the MACRS depreciation schedule for a 5-year recovery period. a. Find the
depreciation charge each year. Year Depreciation 1 $ __________ 2 __________ 3 __________ 4 __________ 5 __________ 6 __________
——————————————————————————– b. If the sewing machine is sold after 3 years for $30,000, what will be the
after-tax proceeds on the sale if the firms tax bracket is 35%? After-tax proceeds $ _________ Oct 26 2013 08:57 PM