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Question 26 (3 points) Airways Corporation owned maintenance equipment with a $2120000 initial cost basis. Accumulated book depreciation with respect to the machinery was $1020000,

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Question 26 (3 points) Airways Corporation owned maintenance equipment with a $2120000 initial cost basis. Accumulated book depreciation with respect to the machinery was $1020000, and accumulated tax depreciation was $1683000. The equipment was sold for $1188000 cash. Airway's marginal tax rate is 19 percent. Calculate the AFTER-tax cash low from the sale. Losses should be entered as a negative number

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