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5. A firm is now at the end of the final year of a project. The equipment originally cost $550,000, of which 80% has been
5. A firm is now at the end of the final year of a project. The equipment originally cost $550,000, of which 80% has been depreciated. The firm can sell the used equipment today for $100,000, and its tax rate is 21%. Will the company pay tax or receive a tax credit and how much
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