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Given an asset with a net book value (NBV) of $35,000 What are the after-tax proceeds for a firm in the 33% tax bracket if

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Given an asset with a net book value (NBV) of $35,000 What are the after-tax proceeds for a firm in the 33% tax bracket if this asset is sold for $47,000 cash? After-tax proceeds $ 43, 040 What are the after-tax proceeds for this same firm if the asset is sold for $21,000 cash? After-tax proceeds _________

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