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At the end of a project, a company sold a machine for $ 5 0 , 0 0 0 with a book value of $

At the end of a project, a company sold a machine for $50,000 with a book value of $10,000. Assuming a tax rate of 21 percent, what is the after-tax salvage value?
Multiple choice question.
$39,500
$31,600
$50,000

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