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Suppose you sell a fixed asset for $ 1 1 2 , 0 0 0 when its book value is $ 1 3 2 ,

Suppose you sell a fixed asset for $112,000 when its book value is $132,000. If your companys marginal tax rate is 21 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)?

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