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7-31 A high-pressure reactor vessel in a pharmaceutical company was purchased for $200,000. It has a useful life of 10 years, and the vessel can
7-31 A high-pressure reactor vessel in a pharmaceutical company was purchased for $200,000. It has a useful life of 10 years, and the vessel can be sold for $30,000 at that time. The effective income tax rate is 40%. What is the after-tax cash flow of the vessel at the end of year 10?
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