Ask Your Teacher Jed goes to the deli to purchase turkey that costs $6.87 per pound. State regulations indicate that the scale used in the deli must be accurate to within 1 20 pound. According to the scale, Jed's purchase weighs one-fourth pound and costs $1.72. How much might he have been undercharged or overcharged due to a scale error? (Round your answers to the nearest cent.)

Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken