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What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $89,200, the tax rate is
What is the expected after-tax cash flow from selling a piece of equipment if XYZ purchases the equipment today for $89,200, the tax rate is 25%, the equipment is sold in 2 years for $18,800, and MACRS depreciation is used where the depreciation rates in years 1,2,3 and 4 are 40%, 35%, 20%, and 5%, respectively?
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