Which one of the following is a primary market transaction? Group of answer choices Sale of currently outstanding stock by a dealer to an individual investor Sale of a new share of stock to an individual investor Gift of stock from one shareholder to another shareholder Stock ownership transfer from one shareholder to another shareholder

Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken