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Use the table below to answer this question.
MACRS 5-year property
Year Rate
1 20.00%
2 32.00%
3 19.20%
4 11.52%
5 11.52%
6 5.76%
Ronnie’s Custom Cars purchased some fixed assets two years ago
for $41,000. The assets are classified as 5-year property
for MACRS. Ronnie is considering selling these assets now so he
can buy some newer fixed assets which utilize the latest in
technology. Ronnie has been offered $22,000 for his old assets.
What is the net cash flow from the salvage value if the tax
rate is 34 percent?
$18,534.72
$21,211.20
$22,000.00
$20,094.01
$19,680.00
These question having only answer. If you need calculation for
answer, pl don’t purchase it.

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