After-Tax Cash Flow Assignment | Homework For You

Cost recovery. Richardses’ Tree Farm, Inc. purchased a new aerial tree trimmer for $82,000. It is classified in the property class category of a single-purpose agricultural and horticultural structure. Then the company sold the tree trimmer after four years of service. If a seven-year life and MACRS, EE, was used for the depreciation schedule, what is the after-tax cash flow from the sale of the trimmer (use a 40% tax rate) if
a. the sales price was $32,000?
b. the sales price was $25,616.80?
c. the sales price was $19,000?
a. If the sales price is $32,000, what is the after-tax cash flow? $ (Round to the nearest cent.) Get Finance homework help today