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Phillips Inc. sold machinery with a $ 1 3 7 , 7 0 0 adjusted tax basis for $ 2 0 8 , 0 0

Phillips Inc. sold machinery with a $137,700 adjusted tax basis for $208,000. The buyer paid $21,000 in cash and took on Phillips's $187,000 mortgage on the machinery. Calculate Phillips's net cash flow from the sale, assuming a 21% tax rate.
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