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Question 8 10 pts ABC Corp. purchases a machine in year o for $800. They apply straightline depreciation over 5 years, beginning in year 1.
Question 8 10 pts ABC Corp. purchases a machine in year o for $800. They apply straightline depreciation over 5 years, beginning in year 1. ABC uses the machine in years 1, 2, and 3, and then sells it at the end of year 3 (i.e, after depreciation for year 3 has already been applied) for $600. What is the the after-tax cash flow associated with the sale of the machine at the end of year 3 if the corporate tax rate is 50%? 380 410 425 460
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