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Finance Assignment | Professional Writing

Author:
May 29th, 2020

You purchased a machine for $1.09 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 40%.

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Homework For You

If you sell the machine today (after three years of depreciation) for $727,000, what is your incremental cash flow from selling the machine? Your total incremental cash flow will be $ . (Round to the nearest cent.)

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