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Company ACE is replacing their ravioli press which is being sold for $250,000 and has a net book value of $50,000. What is the tax
Company ACE is replacing their ravioli press which is being sold for $250,000 and has a net book value of $50,000. What is the tax implication if the marginal tax rate is 30%?
$60.000 tax shield
$60,000 tax liability
$90,000 tax liability
$90.000 tax shield
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