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8 years ago, a new machine cost $3 million to purchase and an additional $570,000 for the installation. The machine was to be linearly depreciated

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8 years ago, a new machine cost $3 million to purchase and an additional $570,000 for the installation. The machine was to be linearly depreciated to zero over 10 years. The company has just sold the machine for $1.8 million, and its marginal tax rate is 25%. - Attempt 1/5 for 10 pts. Part 1 What is the annual depreciation? No decimals Submit Part 2 18 P Attempt 1/5 for 10 pts. What is the current book value? No decimals Submit Part 3 IB - Attempt 1/5 for 10 pts. What is the after-tax salvage value? No decimals

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