You purchased a machine for $1.12 million three years ago and have been applying straight-line depreciation...
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You purchased a machine for $1.12 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 (afte three years of depreciation) for $748,000, 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 $1.12 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 (afte three years of depreciation) for $748,000, 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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