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Babaloo Nightclubs. purchased a disco mirror that currently has a book value of $10,000. If Babaloo sells the disco mirror for $500 today, then what

Babaloo Nightclubs. purchased a disco mirror that currently has a book value of $10,000. If Babaloo sells the disco mirror for $500 today, then what is the amount of cash that it will net after taxes if the firm is subject to a 39 percent marginal tax rate?

= $500

$3,705

$4,205

$9,500

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