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Big Dawg Corporation just purchased computing equipment for $ 2 5 , 2 3 6 . 0 0 . The equipment will be depreciated using

Big Dawg Corporation just purchased computing equipment for $25,236.00. The equipment will be depreciated using a 5-year MACRS depreciation schedule. If the equipment is sold at the end of its fourth year for $14,831.00, what is the cash flow from the sale, assuming the marginal tax rate is 38.00%.(Assume: Depreciation does not begin until year 1!)
Answer format: Currency: Round to: 2 decimal places.
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