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Please answer all parts thank you! = Homework: Homewo... HW Score: 25%, 2 of 8 points X Points: 0 of 1 Save You purchased a
Please answer all parts thank you!
= Homework: Homewo... HW Score: 25%, 2 of 8 points X Points: 0 of 1 Save You purchased a machine for $1.09 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 40%. If you sell the machine today (after three years of depreciation) for $778,000, what is your incremental cash flow from selling the machine? Your total incremental cash flow will be $ (Round to the nearest cent.)Step by Step Solution
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