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Buyers Support Cooperation is replacing an old printing press with a new one. The old press is being sold for $255,000 and it has a

Buyers Support Cooperation is replacing an old printing press with a new one. The old press is being sold for $255,000 and it has a book value of $74,500. Buyers Support tax rate is 30%. Assuming the sale price is less than the original cost how much will Buyers Support pay in taxes from the sale?

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