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 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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