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A company is considering purchasing a machine that costs $4,560,000 for a 5 year project that they wish to undertake. The machine has a life

A company is considering purchasing a machine that costs $4,560,000 for a 5 year project that they wish to undertake. The machine has a life of 10 years. The machine is depreciated straight-line to zero. If the machine is sold for $1,500,000 at the end of the project and the company has a tax rate of 25%, then what is the after tax salvage value of the machine?

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