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Please answer the following question ASAP AH Global is buying a new metal stamping machine for $2,8 million. For tax purposes, the machine has a
Please answer the following question ASAP
AH Global is buying a new metal stamping machine for $2,8 million. For tax purposes, the machine has a 3 -year life and will be depreciated to zero. AH is confident the machine is a good one, and plans to use the machine for a project that will run 4 years. It estimates it can sell the machine for $245,000 at the end of the 4-year project. The tax rate is 30%. What is the after-tax cash flow from the sale of the stamping machineStep by Step Solution
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