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You purchased a machine for $1.16 million three years ago and have been applying straight line depreciation to zero for a seven year life. Your
You purchased a machine for $1.16 million three years ago and have been applying straight line depreciation to zero for a seven year life. Your tax rate is 38%. If you sell the machine today ( after three years of depreciation) for $797,000 what is your incremental cash flow from selling the machine ?
Your total incremental cash flow will be $_____ ( Round to the nearest cent.)
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