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XYZ Corporation is planning to dispose its capital asset and provided you with the following information: Original cost $240,000 Accumulated depreciation $160,000 Sale price $55,000

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XYZ Corporation is planning to dispose its capital asset and provided you with the following information: Original cost $240,000 Accumulated depreciation $160,000 Sale price $55,000 Tax rate 30% Calculate the after-tax cash inflow from the disposal of the capital asset. Your answer should NOT include any dollar sign or any commes

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