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Carmen Company has an asset that cost $ 1 5 , 0 0 0 and currently has accumulated depreciation of $ 9 , 0 0

Carmen Company has an asset that cost $15,000 and currently has accumulated depreciation of $9,000. Suppose the firm sold the asset for $5,600 and is subject to a 40% income tax rate.
The net after-tax cash flow of the disposal is:
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