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A firm is trying to determine the cash flow from selling an old computer system to an interested buyer. The computer system was purchased five
A firm is trying to determine the cash flow from selling an old computer system to an interested buyer. The computer system was purchased five years ago for $ The system was depreciated using the year MACRS schedule. The firm has an offer this morning for $ The tax rate facing the firm is The firm will only accept the offer if it generates a cash flow greater than $
What is the current book value of the computer system?
Answer format: Currency: Round to: decimal places.
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