Question: please don't answer unless you are sure this is my last attempt Your answer is incorrect. Pharoah Potions, Inc., a pharmaceutical company, bought a machine

 please don't answer unless you are sure this is my last

please don't answer unless you are sure this is my last attempt

Your answer is incorrect. Pharoah Potions, Inc., a pharmaceutical company, bought a machine at a cost of $2 million five years ago that produces pain-reliever medicine. The machine has been depreciated over the past five years, and the current book value is $754,000. The company decides to sell the machine now at its market price of $1 million. The marginal tax rate is 30 percent. What are the relevant cash flows? Relevant cash flow $ How do they change if the market price of the machine is $600,000 instead? Relevant cash flow $

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