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URGENT you purchased a machine for $ 1.01 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your
URGENT
you purchased a machine for $ 1.01 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 40 %. If you sell the machine today (after three years of depreciation) for $ 719 comma 000, what is your incremental cash flow from selling the machine?
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