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You purchased a machine for $ 1.16 million three years ago and have been applyingstraight-line depreciation to zero for aseven-year life. Your tax rate is

You purchased a machine for $ 1.16 million three years ago and have been applyingstraight-line depreciation to zero for aseven-year life. Your tax rate is 35%. If you sell the machine today(after three years ofdepreciation) for $706,000, what is your incremental cash flow from selling themachine?

Your total incremental cash flow will be ( ? ). (Round to the nearestcent.)

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