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A mixer was purchased two years ago for $ 6 6 5 7 1 and can be sold for ) today. The mixer has been

A mixer was purchased two years ago for $

66571

and can be sold for

)

today. The mixer has been depreciated using the MACRS

5 -

year recovery period and the firm pays

40

percent taxes on both ordinary income and capital gain. Find the after tax proceeds.

Note: use one decimal place. Insert numbers only. Refer to the MACRS table in the slides.

Answer:

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