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You purchased a machine for $ 1.08. $1.08 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your
You purchased a machine for $ 1.08. $1.08 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 right now (after three years of depreciation) $792,000, what is your incremental cash flow from selling the machine? . (Round to the nearest cent.) What is you incremntal cash flo from selling the machine?
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