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High Five Corporation purchased a machine for $75,000, including installation costs. Annual straight line depreciation is $7,500. If High Five has a tax rate of
High Five Corporation purchased a machine for $75,000, including installation costs. Annual straight line depreciation is $7,500. If High Five has a tax rate of 35%, what is the cash flow from disposal of the machine is sold at the end of six years for $15000?
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