Extra: DO NOT IGNORE THE TAX EFFECT AND, IF NECESSARY, ASSUME THE COST OF CAPITAL IS 10%.

Suppose that a machine with a book value of $48630 can be sold for salvage of $41821. f the firm's corporate income tax rate is 15 percent, what is the cash flow resulting from the sale of the machine. Do not ignore the tax effect and, if necessary, assume the cost of capital is 10%. Answer Check Incorrect Marks for this submission: 0.00/1.00 Suppose that a machine with a book value of $36602 can be sold for salvage of $42452. If the firm's corporate income tax rate is 15 percent, what is the cash flow resulting from the sale of the machine. Do not ignore the tax effect and, if necessary, assume the cost of capital is 10%. Answer Check