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Equipment cost $4,000,000 and falls under 4 years MACRS. The depreciation rates are 20% 32%, 19.2%, 11.52%, and 5.76% for years 1 to 6. The
Equipment cost $4,000,000 and falls under 4 years MACRS. The depreciation rates are 20% 32%, 19.2%, 11.52%, and 5.76% for years 1 to 6. The tax rate is 25%. If the company sells the equipment after five years for $700,000 what will be the after-tax cash flow from the sale
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