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Intro 8 years ago, a new machine cost $5 million to purchase and an additional $510,000 for the installation. The machine was to be linearly
Intro 8 years ago, a new machine cost $5 million to purchase and an additional $510,000 for the installation. The machine was to be linearly depreciated to zero over 30 years. The company has just sold the machine for $3 million, and its marginal tax rate is 25%. Attempt 1/5 for 10 pts. Part 1 What is the annual depreciation? No decimals Submit B C Attempt 1/5 for 10 pts. Part 2 What is the current book val ue? No decimals Submit Attempt 1/5 for 10 pts. Part 3 What is the after-tax salvage value? No decimals Submit
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