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10 years ago a firm purchased some machinery for $50 milion At the time the machinery was purchased, the machinery's expected useful fre was 20
10 years ago a firm purchased some machinery for $50 milion At the time the machinery was purchased, the machinery's expected useful fre was 20 was, so the machinery has been depreciated following a 20-year straightline schedule. The fimm sold the machinery a few months o during the 10th year after the machinery was bought) for a price of $35 milion. The firms tax rateix 25%. What the cash flow the fim realized from the sale of the muchinery? Round Ni intermediate calculations to 6 decimal points. Your final answer should be within $5 of the correct answer choice. $32.500.000 $26,250,000 $13.750.000 $18,931.913
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