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please solve Your firm purchased machinery for $11.0 million and recelved immediate 100% bonus depreciation. The project will end after 5 years. If the equipment
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Your firm purchased machinery for $11.0 million and recelved immediate 100% bonus depreciation. The project will end after 5 years. If the equipment can be sold for $5.5 million at the completion of the project, and your firm's tax rate is 21%, what is the after-tax cash llow from the sale of the machinery? Note: Enter your answer in millions rounded to 4 decimol places Step by Step Solution
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