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please answer 16 with work thanks! 6. Marshall-Miller & Company is considering the purchase of a new machine for $50,000, installed. The machine has a
please answer 16 with work thanks! 
6. Marshall-Miller \& Company is considering the purchase of a new machine for $50,000, installed. The machine has a tax life of 5 years, and the machine has been depreciated 83% of its original value. The firm expects to operate the machine for 4 years and then to sell it for $12,500. If the marginal tax rate is 40%, what will the after-tax salvage value be when the machine is sold at the end of Year 4? SHOW YOUR WORK Step by Step Solution
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Intermediate Accounting
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
11th edition
978-0538467087, 9781111781262, 538467088, 1111781265, 978-0324659139
