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ABC plans to purchase a new machine that costs $700,000. It will cost another $85,000 to install the machine. When it is finished using the

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ABC plans to purchase a new machine that costs $700,000. It will cost another $85,000 to install the machine. When it is finished using the machine in 5 years, ABC expects to sell it for $90,000. The machine will be depreciated according to the MACRS 5 -year class of assets. If ABC 's marginal tax rate is 35%, what after-tax net cash flow will ABC receive when the machine is sold in 5 years

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