Question: Suppose you sell a fixed asset for $99,000 when its book value is $129,000 . If your company's marginal tax rate is 39 %, what

Suppose you sellafixed assetfor$99,000whenits book valueis$129,000.If your company's marginal tax rateis39%, whatwillbe theeffectoncash flowsof thissale(i.e., whatwillbe theafter-tax cash flowof thissale)

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