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A machine is purchased for $450,000 and is used through the end of Year 2 . The machine will be depreciated using the 3-Year MACRS
A machine is purchased for $450,000 and is used through the end of Year 2 . The machine will be depreciated using the 3-Year MACRS schedule. At the end of Year 2 , the machine is sold for $90,000. What is the after-tax cash flow from the sale of the machine at the end of Year 2 if the firm's marginal tax 20%
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