Question: you purchased a machine for $ 1.13 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax
you purchased a machine for $ 1.13 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 40 %. If you sell the machine today (after three years of depreciation) for $ 772000, what is your incremental cash flow from selling the machine?
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