Question: 2. Cash Flow from Liquidating Capital You purchased a machine for $1 million three years ago and have been applying straight-line depreciation to zero for

2. Cash Flow from Liquidating Capital You purchased a machine for

2. Cash Flow from Liquidating Capital You purchased a machine for $1 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 21\%. If you sell the machine today (after three years of depreciation) for $700,000, what is your incremental cash flow from selling the machine

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