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Two years ago, you purchased some 5-year MACRS equipment at a cost of $155,000. The MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52

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Two years ago, you purchased some 5-year MACRS equipment at a cost of $155,000. The MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52 percent, 11.52 percent, and 5.76 percent for Years 1 to 6 , respectively. You sold the equipment today for $97,500. Your tax rate is 21%. Ignore bonus depreciation. What is the after-tax cash flow from the sale? (Round your answer to the nearest penny. For example, if your answer is 1,234.56789, enter 1234.57. Do not worry if Canvas adds commas or ignores trailing zeroes.)

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