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Builtrite is selling a machine for $20,000 that was purchased four years ago. The machine was purchased for $50,000 and it is being depreciated over
Builtrite is selling a machine for $20,000 that was purchased four years ago. The machine was purchased for $50,000 and it is being depreciated over its five year life eventually down to zero. What is the current terminal cash flow for this machine if Builtrite is in a 34% marginal tax bracket?
A. $20,000
B. $16,600
C.$13,200
D.$6,600
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