Equipment associated with manufacturing smallrailcars had
Chapter 17, Problem 17.27(choose chapter or problem)
Equipment associated with manufacturing smallrailcars had a first cost of $180,000 with anexpected salvage value of $30,000 at the end of its5-year life. The revenue was $620,000 in year 2,with operating expenses of $98,000. If thecompanys effective tax rate was 36%, what wouldbe the difference in taxes paid in year 2 if thedepreciation method were straight line instead ofMACRS? The MACRS depreciation rate for year2 is 32%.
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