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Question 8 10 pts Adams Incorporated is buying equipment today for $159,582. The equipment will be depreciated on a straight-line basis over 10 years. The
Question 8 10 pts Adams Incorporated is buying equipment today for $159,582. The equipment will be depreciated on a straight-line basis over 10 years. The first depreciation charge will occur one year from now. Adams expects to sell the equipment 6 years from now for $72,082. Adams' tax rate is 34%. What is your forecast for the after-tax cash flow from the sale of the machine 6 years from now? Round your answer to two decimal places and enter it without any symbols, e.g. -$23,215.17 should be entered as -23,215.17
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