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Alter Trading purchased a shredding machine for scrap metal for it operations in Mobile, Alabama from Metso Oyi of Finland. Assume the machine cost $10,000,000

Alter Trading purchased a shredding machine for scrap metal for it operations in Mobile, Alabama from Metso Oyi of Finland. Assume the machine cost $10,000,000 and is depreciated as a 5-year asset using MACRS. If the machine is sold during year 3 of use, what is the book value (BV) of the machine at the time of sale?

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