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Miles Cyprus Corp. purchased a truck that currently has a book value of $ 8 0 0 . If the firm sells the truck for

Miles Cyprus Corp. purchased a truck that currently has a book value of $800. If the firm sells the truck for $1,600 today, then what is the amount of cash that it will net after taxes if the firm is subject to a 25 percent marginal tax rate?
$1,400
$200
$800
none of these
$1,600
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