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Wander Entertainment Co. sells its entire fixed assets $5,000 in the market. Those assets have a book value of $5,000. What is the tax effect

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Wander Entertainment Co. sells its entire fixed assets $5,000 in the market. Those assets have a book value of $5,000. What is the tax effect on this asset replacement capital project for Wander Entertainment Co. (assume a tax bracket of 40.00%)? O $1.000 $5.000 $2,000 $0.00

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