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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 $88,500.00, 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 $88,500.00, the tax rate is 21.00%, the equipment is sold in 2 years for $20,000.00, and MACRS depreciation is used where the depreciation rates in years 1, 2, 3, and 4 are 40.00%, 35.00%, 20.00%, and 5.00%, respectively? $15,800 (plus or minus $10) $17,4 Next Question $10) $22,571 (plus or minus $10) $20,446 (plus or minus $10) None of the above is within $10 of the correct
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