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8 years ago, a new machine cost $6,000,000 to purchase and an additional $540,000 for the installation. The machine was to be linearly depreciated to

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8 years ago, a new machine cost $6,000,000 to purchase and an additional $540,000 for the installation. The machine was to be linearly depreciated to zero over 15 years. The company has just sold the machine for $3,600,000, and its marginal tax rate is 25%. Attempt 1/8 for 10 pts. Part 1 What is the annual depreciation? 0+ decimals Submit IB Attempt 1/8 for 10 pts. Part 2 What is the current book value? 0+ decimals Submit IB Attempt 1/8 for 10 pts. Part 3 What is the cash inflow from the sale of the old equipment? 0+ decimals

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