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Equipment was purchased thee years apo for $100,000. For tax accourting purposes, it is being depreciated straight line over a ten year ife. For francial

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Equipment was purchased thee years apo for $100,000. For tax accourting purposes, it is being depreciated straight line over a ten year ife. For francial accoureng purposes, it has an eafimuled salvage value of $8,000. The equipment was sold today for $87,000. If the tax rate is 40%, what is the terminal value cash fow from this sale? $81,160 $10,200 $8,760 $90,200 $14,600

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