Business
Business, 22.04.2020 02:29, mmlordpepe9256

You purchased a machine for $ 1.19 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 38 %. If you sell the machine today (after three years of depreciation) for $ 791 comma 000, what is your incremental cash flow from selling the machine?

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You purchased a machine for $ 1.19 million three years ago and have been applying straight-line depr...

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