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A mixer was purchased two yearsago for $ 6 5 7 4 7 and can be sold for$ ( B ) today. The mixer has

A mixer was purchased two yearsago for $

65747

and can be sold for$

(

)

today. The mixer has beendepreciated using the MACRS

5 -

yearrecovery period and the firm pays

40

percent taxes on both ordinaryincome and capital gain. Find theafter tax proceeds.

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