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Betatech has some slightly obsolete equipment that still has a book value of $280,000 on their balance sheet. They can sell the equipment now for
Betatech has some slightly obsolete equipment that still has a book value of $280,000 on their balance sheet. They can sell the equipment now for $210,000, and they would recover $40,000 in working capital. Their tax rate is 21%. If they sell the equipment, what would be the terminal cash flow?
Group of answer choices
$228,900
$205,900
$165,900
$268,900
$264,700
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