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A company purchased some equipment for $35,000 and its book value is now $5,000. If it sells the machine today for $15,000 and it has
A company purchased some equipment for $35,000 and its book value is now $5,000. If it sells the machine today for $15,000 and it has a marginal tax rate of 30%, what is the amount of cash that it will net after taxes? $12,000 $14,000 $3,000 $10,500
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