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5. You purchased a machine for $1.15 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax

5.
You purchased a machine for $1.15 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 35%. If you sell the machine today after three years of depreciation) for $732,000, what is your incremental cash flow from selling the machine? Your total incremental cash flow will be $ (Round to the nearest cent.)

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