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Wingnut Corp purchased machinery 6 years ago for $ 2 , 7 0 0 , 0 0 0 . The machinery was used for a
Wingnut Corp purchased machinery years ago for $ The machinery was used for a project that was intended to last for years and was being depreciated over the life of the project.
However, due to low demand, the project is being shut down. The machinery was depreciated using the straightline method and can be sold for $ today. The company's tax rate is percent.
What is the aftertax salvage value of the machinery?
Multiple Choice
:
$
$
$
$
$
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