Quality review can be conducted by a volunteer preparer certified at basic when the tax return required an advanced certification to prepare b. quality review is conducted after the taxpayer signs the tax return c. quality review is an effective tool for preparing an accurate tax return d. taxpayers do not need to be involved in the quality review process

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