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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

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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