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Your firm purchased a machine for $ 1 4 million five years ago. According to IRS rules, the machine must be depreciated straight - line
Your firm purchased a machine for $ million five years ago. According to IRS rules, the machine
must be depreciated straightline over years for tax purposes. After depreciating the machine for five
years, you have just decided to sell it The tax rate is What is the aftertax cashflow from the sale
of the machine if the sale price is:
a $ million
b $ million
c $ million
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