Business, 14.11.2019 21:31, sandy701

Diego inc. wants to replace a 7-year-old machine with a new machine that is more efficient. the old machine cost $50,000 when new and has a current book value of $12,000. diego can sell the machine to a foreign buyer for $14,000. diego's tax rate is 25%. what is the cash inflow that should be recorded for the initial year regarding this transaction?

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Diego inc. wants to replace a 7-year-old machine with a new machine that is more efficient. the old...