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Your firm purchased equipment 3 years ago. The initial book value of the equipment was $332,000 and it was set up to be depreciated straight-line

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Your firm purchased equipment 3 years ago. The initial book value of the equipment was $332,000 and it was set up to be depreciated straight-line for 7 years to a book value of $58,000. The equipment can be sold today for $75,000. Depreciation has been taken for 4 years. The firm's tax rate is 24%. What is the salvage cash flow from selling the equipment? O a. 99102.86 b. 105049.03 O c. 74327.14 .d. 83246.40 e. 89192.57 1.7829126

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