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Business, 17.04.2020 00:07 ashhleyjohnson

You purchased a machine for $ 1.07 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 35 %. If you sell the machine today (after three years of depreciation) for $ 783 comma 000, what is your incremental cash flow from selling the machine? Your total incremental cash flow will be $ nothing. (Round to the nearest cent.)

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You purchased a machine for $ 1.07 million three years ago and have been applying straight-line depr...
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