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Question 5 1 pts A new machine costs $56,000. The machine will be depreciated on a straight-line basis over 5 years to a salvage value

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Question 5 1 pts A new machine costs $56,000. The machine will be depreciated on a straight-line basis over 5 years to a salvage value of $2,000. The machine will be sold 4 years from now for $21,000. If the tax rate is 20%, what is the after-tax gain on the sale of the machine? Round your answer to the nearest dollar

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