Question: You purchased a machine for $ 1 . 0 4 million three years ago and have been applying straight - line depreciation to zero for

You purchased a machine for $1.04 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 $742,000, what is your incremental cash flow from selling the machine?
Your total incremental cash flow will be $ (Round to the nearest cent.)
 You purchased a machine for $1.04 million three years ago and

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