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You purchased a machine for $ 1.06$1.06 million three years ago and have been applying? straight-line depreciation to zero for a? seven-year life. Your tax rate is 38 %38%. If you sell the machine right now? (after three years of? depreciation) for $ 708 comma 000$708,000?, what is your incremental cash flow from selling the? machine? Your total incremental cash flow will be ?$nothingm. ?(Round to the nearest? cent.)

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Financial Management, Finance

Category:- Financial Management
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