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Please, explain in a very accurate and detailed way, provide logical and consistent answer. It is very important in this task. Provide VERY DETAILED explanation.

Assume the company is now at the end of the final year of a project and 75% of the equipment cost has been depreciated. The firm can sell the used equipment today at the market price the exceeds equipment residual value How a taxable income will be calculated and what is the equipments after-tax salvage value for use in a capital budjeting analysis as a part of a final cash flow?

Financial Management, Finance

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