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Business, 18.11.2019 23:31 julio003620

The golden shades corporation disposes a capital asset with an original cost of $280,000 and accumulated depreciation of $160,000 for a salvage price of $50,000. silver shades's tax rate is 40%. calculate the after-tax cash inflow from the disposal of the capital asset. a) $28,000 b) $70,000 c) $50,000 d) $78,000

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