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You purchased a machine for $ 1.01 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax

You purchased a machine for

$ 1.01

million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is

35 %

.

If you sell the machine today (after three years of depreciation) for

$ 760 comma 000

,

what is your incremental cash flow from selling the machine?

(ch 9 question 6)

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Calculus

Authors: James Stewart

6th Edition

0495011606, 978-0495011606

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