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Suppose a firm with a marginal tax rate of 30% sells an asset for $3,000 when its depreciated book value is $5,000. What will be

Suppose a firm with a marginal tax rate of 30% sells an asset for $3,000 when its depreciated book value is $5,000. What will be the ATCF (After Tax Cash Flow) from the sale of this asset?

Multiple Choice

$4,400
$3,600
$4,100
$3,900

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