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You purchase a Ford truck for your landscaping business for 22,000. Your accountant fully depreciates this truck down to $0 of book value at the

You purchase a Ford truck for your landscaping business for 22,000. Your accountant fully depreciates this truck down to $0 of book value at the end of the year 9 using the straight-line method. You decide you want to sell your Truck at the end of year 6 for $3,000. Assume your companys marginal tax rate is 29%.

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