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A firm considers purchasing a $10,000 copier, which has a cost recovery period of five years....

A firm considers purchasing a $10,000 copier, which has a cost recovery period of five years. The firm plans to use it for two years and then sell it. The firm pays a 40% income tax. What is the copier’s NSV if the firm projects that it can be sold for (A) $6,000? (B) $4,800? (C) $4,000? Please Show work

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