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Suppose a company has equipment that had an original cost of $10,000 and was depreciated as a MACRS 5-year asset, and it sells this equipment

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Suppose a company has equipment that had an original cost of $10,000 and was depreciated as a MACRS 5-year asset, and it sells this equipment 5 years later for $2,000. If the company's tax rate is 40 percent, the after-tax cash flow to the firm is closest to: (Hint: First find the book value using the MACRS table, then the tax, and then the after- tax cash flow) $1,440 $1,350 $1,660 $0

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