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Blue Sky Corporation has $45,000,000 in equipment that has a 11 year class life. The equipment is 5 years old. Blue Sky is selling the
Blue Sky Corporation has $45,000,000 in equipment that has a 11 year class life. The equipment is 5 years old. Blue Sky is selling the equipment for $20,000,000. Eastern uses simplified straight line depreciation (zero salvage value) and has a marginal tax rate of 34%. What is the terminal cash flow? Assume no working capital. ENTER YOUR ANSWER IN THE SPACE PROVIDED. DO NOT ENTER THE DOLLAR SIGN.
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