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Today, Litchfield Design purchased a piece of equipment for 82,000 dollars that will be depreciated to 14,000 dollars over 17 years using straight-line depreciation. What would the after-tax cash flow be from the equipment sale if the equipment is sold in 6 years for 41,000 dollars and the tax rate is 30 percent?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91887372

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