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Suppose you sell a fixed asset for $78,000 when it's book value is $86,000. If your company's marginal tox rate is 28 percent, what will

Suppose you sell a fixed asset for $78,000 when it's book value is $86,000. If your company's marginal tox rate is 28 percent, what will be the effect on cash flows of this sale (.e., what will be the after-tax cash flow of this sale)? Multiple Choice $86,000 $8,000 $80,240 $56,160

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