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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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