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You purchased a machine for $ 1.06$1.06 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 $ 1.06$1.06 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 38 %38%. If you sell the machine today (after three years of depreciation) for $ 760 comma 000$760,000, what is your incremental cash flow from selling the machine?
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