Acme Industries had sales last year of 12 000 000 They had

Last updated: 12/1/2023

Acme Industries had sales last year of 12 000 000 They had expenses of 9 755 000 They purchase several pieces of new equipment during the year that Cost 3 000 000 to purchase Had 1 100 000 related costs to set up install etc Has a salvage value of 750 000 in 5 years Using MACRS calculate the amount of tax owed 375 500 400 780 425 000 484 500