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Problem 12-1 After-Tax Cash Flow from Sale of Assets (LG12-3) Suppose you sell a fixed asset for $118,000 when its book value is $138,000. If

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Problem 12-1 After-Tax Cash Flow from Sale of Assets (LG12-3) Suppose you sell a fixed asset for $118,000 when its book value is $138,000. If your company's marginal tax fate is 39 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)? (Enter your answer as a whole number.)

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