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You purchased a machine for $1.02 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate

You purchased a machine for

$1.02

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

40%.

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

$725,000,

what is your incremental cash flow from selling the machine?

Your total incremental cash flow will be

$enter your response here.

(Round to the nearest cent.)

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