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You purchased a machine for $1 11 milion tree years ago and have been applying straight line depreciation to zero for a seven-year life Your

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You purchased a machine for $1 11 milion tree years ago and have been applying straight line depreciation to zero for a seven-year life Your tax rate is 40% ifyou sell the machine today (after three years of depreciation) for $749,000, what is your incremental cash flow from selling the machine? Your total incremental cash flow will be(Round to the nearest cent)

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