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You pu chased a machine for $1.16 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax

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You pu chased a machine for $1.16 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 38%. If you sell the machine today (after three years of depreciation) for $747,000, what is your incremental cash flow from selling the machine? Your total incremental cash flow will be S(Round to the nearest cent)

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