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Question 2 10 pts Equipment that was purchased for $800,000 has a current book value of $400,000. Assume a capital gains tax rate of 28%.

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Question 2 10 pts Equipment that was purchased for $800,000 has a current book value of $400,000. Assume a capital gains tax rate of 28%. Compute the net tax payment or savings if you sell the equipment for $627,833. O $-63,793, a savings on taxes $63,793, an increase in taxes $227,833, an increase in taxes $-48,207, a savings on taxes

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