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You purchase a machine for $10,000 depreciated straight line over its 4- year life. If the machine is sold at the end of the third
You purchase a machine for $10,000 depreciated straight line over its 4- year life. If the machine is sold at the end of the third year for $6,000, what are the after tax proceeds from the sale, assuming your tax rate is 34%. $1,100 $3,510 O $5,010 $5,490 O $4,810
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