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What is the tax effect of a sale of assets that were bought 9 years ago for $ 1 2 million, depreciated straight - line
What is the tax effect of a sale of assets that were bought years ago for $ million, depreciated straightline over years, and sold today for $ million? The tax rate is Express in $ million, to the nearest $ million, drop the $ sign. Precede an outflow a tax payment with the negative sign, enter an inflow a decrease in taxes as a positive value.
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