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Your company has just agreed to sell one of its factories for 4 , 4 0 0 , 0 0 0 . You built the

Your company has just agreed to sell one of its factories for

4, 400, 000 .

You built the factory for

2, 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

31 %,

what will your cash flow on the sale of the factory be

?

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