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Suppose you sell a fixed asset for $112,000 when it's book value is $129,000. If your company's marginal tax rate is 21%, what will be

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Suppose you sell a fixed asset for $112,000 when it's book value is $129,000. If your company's marginal tax rate is 21%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)? Multiple Choice o $17,000 o $115,570 o $129,000 o $13,430

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