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Your company has just agreed to sell one of its factories for 4,500,000. You built the factory for 8,000,000 3 years ago. You have been
Your company has just agreed to sell one of its factories for 4,500,000. You built the factory for 8,000,000 3 years ago. You have been depreciating the factory straight line over its useful life of 8 years. If the tax rate is 22%, what will your cash flow on the sale of the factory be?(please round to the nearest dollar)
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