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Abbey Corporation is an US Company is considering the replacement of a piece of equipment that it bought three years ago for $ 2 0

Abbey Corporation is an US Company is considering the replacement of a piece of equipment that it bought three years ago for $200,000. At the time of purchase, the equipment was expected to have a useful life of five years. Abbey, whose tax rate is 40%, uses straight-line depreciation.
If Abbey is able to sell the equipment for $30,000, how much will be the net cash flows from the sale

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