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A widget-maker is buying a new machine. The machine costs 72 and is being depreciated over 8 years using straight line depreciation. The firm has
A widget-maker is buying a new machine. The machine costs 72 and is being depreciated over 8 years using straight line depreciation. The firm has a marginal tax rate of 33%. What is the capital gain on the machine if it is sold after 1 years for 35. 28 margin of error +/2
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