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hoo Mail canvas workout RJ-TECTONICS Please answer the following two questions using the information below: A firm plans to sell its current machine and buy
hoo Mail canvas workout RJ-TECTONICS Please answer the following two questions using the information below: A firm plans to sell its current machine and buy a new one. The new machine costs $300,000 and will have straight- line depreciation for 10 years. The current machine has a remaining book value of $50,000 but could be sold at a market price of $100,000. The firm's tax rate is 40%. 1. What is the after-tax net salvage value of the old machine? O $80,000 O $100,000 Mail-Minas, Neline - ... $120,000 O $140,000 K a Interior lighting | Light
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