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Carmen Company has an asset that cost $9,000 and currently has accumulated depreciation of $5,000. Suppose the firm sold the asset for $3,500 and is

Carmen Company has an asset that cost $9,000 and currently has accumulated depreciation of $5,000. Suppose the firm sold the asset for $3,500 and is subject to a 30% income tax rate. The net after-tax cash flow of the disposal is:

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