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We purchase a new machine for $50,000, it costs $2,500 to install, and we are in the MACRS 5 year class. If we sell the
We purchase a new machine for $50,000, it costs $2,500 to install, and we are in the MACRS 5 year class. If we sell the machine after two years for $32,000 and our tax rate is 20%, what is the after-tax salvage value of the machine?
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