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Three years ago, Bhojani Windows purchased a machine for a three - year project. The machine is being depreciated straight - line to zero over
Three years ago, Bhojani Windows purchased a machine for a threeyear project. The machine is being depreciated straightline to zero over a fiveyear period. Assume the firm decided to forego any bonus depreciation. Today, the project ended and the machine was sold. Which one of the following correctly defines the aftertax salvage value of that machine? represents the relevant tax rate.
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