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A corporation acquires specialized machinery for $ 2 0 0 , 0 0 0 with a useful life of 9 years. The machinery has an
A corporation acquires specialized machinery for $ with a useful life of years. The machinery has an annual benefit of $ and a salvage value of $ Calculate the beforetax cash flow, annual depreciation expense, taxable income, yearly taxes, and aftertax cash flow, considering a bonus depreciation for the first year and straightline after that and a state income tax rate of
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