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You purchased a machine for $1.07 millon three years ago and have been applying straighif the depreciation to zero for a soven-year life. Your tax

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You purchased a machine for $1.07 millon three years ago and have been applying straighif the depreciation to zero for a soven-year life. Your tax rate is 35%. If you tell the machine lodiay (afer three years of deprecastion) for $745,000, what a your incremental cash flow from selling the machine? Your total incrementa cash fow wil be 1 (Round to tho nearest cent)

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