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The Triton Company just purchased a $132,650 piece of equipment that belongs in a 20% CCA class. The company has a marginal tax rate of

The Triton Company just purchased a $132,650 piece of equipment that belongs in a 20% CCA class. The company has a marginal tax rate of 34% and a discount rate of 16%. What are the after-tax proceeds from the sale of this equipment if the company sells it after four years at a selling price of $61,125? (Assume that Triton has additional pieces of similar equipment.)

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