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Regis Corporation purchased a machine for $75,000, including installation costs. Annual straight-line depreciation is $7,500. If Regis has a tax rate of 35%, what is

Regis Corporation purchased a machine for $75,000, including installation costs. Annual straight-line depreciation is $7,500. If Regis has a tax rate of 35%, what is the cash flow from salvage if the machine is sold for $15,000 after six years?

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