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After Tax Proceeds 1 answer below » Zippy Corporation just purchased computing equipment for $25,000. The equipment will be depreciated using a five year MACRS depreciation schedule. If the
equipment is sold at the end of its fourth year for $11,400, what are the after tax proceeds from the sale, assuming the marginal tax rate is 35 percent.
(round answer to 2 decimal places.) Jan 10 2014 10:47 AM
