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Question 17 (1 point) Eastern Inc. purchases a machine for $140,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation

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Question 17 (1 point) Eastern Inc. purchases a machine for $140,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages as follows: year 1 = 20.00%; year 2 = 32.00%; year 3 = 19.20%; year 4 = 11.52%. The firm has a tax rate of 40%. If the machine is sold at the end of two years for $100,000, what is the cash flow from disposal? $79,750 $67,200 $86,880 $100,000

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