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Builtrite Nightclubs purchased a disco mirror that currently has a book value of $10,000. If Builtrite sells the disco mirror for $4000 today, then what
Builtrite Nightclubs purchased a disco mirror that currently has a book value of $10,000. If Builtrite sells the disco mirror for $4000 today, then what is the amount of cash that it will net after taxes if the firm is subject to a 34 percent marginal tax rate? O $6,040 O $6,720 O $4,000 O $2,640
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