A laser-based system installed

Reference no: EM13685491

A laser-based system installed for B = $150,000 three years ago can be sold for SP = $180,000 now. Based on 5-year MACRS recovery, BV3 = $43,200. GI for year is $800,000 and annual operating expenses average $50,000. Decide TI and taxes if Te = 34 percent and the system is sold now. If not sold now what would be the tax amount?

Reference no: EM13685491

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