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Samantha Adams, Inc., a beverage company, bought a machine that processes wheat at a cost of $ 3 . 0 0 million five years ago.

Samantha Adams, Inc., a beverage company, bought a machine that processes wheat at a cost of $3.00 million five years ago. The machine has been depreciated over the past five years, and the current book value is $982,459.00. The company decides to sell the machine now at its market price of $1.75 million. The marginal tax rate is 37.00 percent. What is the cash flow from selling the machine?
Answer format: Currency: Round to: 2 decimal places.
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