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Home / Questions / Suppose you bought a computer for $5,000 three years ago. It isdepreciated as a three-year

Suppose you bought a computer for $5,000 three years ago. It isdepreciated as a three-year

Suppose you bought a computer for $5,000 three years ago. It isdepreciated as a three-year property class, where the percentagesare 33.33%, 44.44%, 14.82%, and 7.41% for years 1 through 4,respectively. Today, you sold the computer and had a tax bill of$54.08. If your tax rate is a flat 35%, what did you sell thecomputer for?

 

$1,564

$4,784

$525

$316

Dec 02 2019 View more View Less

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