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XYZ Corp bought a piece of equipment for $40,000 3 years ago.It is being depreciated straight-line to zero salvage over 5 years.It can be sold

XYZ Corp bought a piece of equipment for $40,000 3 years ago.It is being depreciated straight-line to zero salvage over 5 years.It can be sold today for $18,000.What is the estimated after-tax cash flow if the equipment is sold today?The tax rate is 35%.

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