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2. A machine's original cost is $289,000 and a firm currently has it on a straight-line depreciation schedule over 9 years with no salvage value.
2. A machine's original cost is $289,000 and a firm currently has it on a straight-line depreciation schedule over 9 years with no salvage value. Suppose that exactly 5 years after the original purchase, the firm sells the machine for $106,000. If the firm's marginal tax rate is 17%, what is the cash flow from the sale net of taxes? Round your answer to the nearest dollar
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