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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 $88,200.00, the tax rate is

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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 $88,200.00, the tax rate is 21.00%, the equipment is sold in 3 years for $18,700.00, and MACRS depreciation is used where the depreciation rates in years 1,2 , 3, and 4 are 40.00%,35.009,20.00%, and 5.00%, respectively? $14.773 (plus or minus $10 ) $15,699 (phus or minus $10 ) $1,409 (plus or minus $10 ) $3.484 (plus of minus $10) None of the above is within $10 of the correct

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