You purchased a machine for $1.17 million four years ago and have been applying straight-line depreciation...
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You purchased a machine for $1.17 million four years ago and have been applying straight-line depreciation to zero for its ten-year life. Your tax rate is 25%. If you sell the machine today (after four years of depreciation) for $820,000, what is your incremental, after-tax cash flow from selling the machine? Your after-tax cash flow (rounded to the nearest dollar) from selling the machine is closest to: A. $702,000 B. $732,000 C. $790,500 D. $615,000 E. $29,500 You purchased a machine for $1.17 million four years ago and have been applying straight-line depreciation to zero for its ten-year life. Your tax rate is 25%. If you sell the machine today (after four years of depreciation) for $820,000, what is your incremental, after-tax cash flow from selling the machine? Your after-tax cash flow (rounded to the nearest dollar) from selling the machine is closest to: A. $702,000 B. $732,000 C. $790,500 D. $615,000 E. $29,500
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