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You purchased a machine for $1.16million 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 right now (after three years of depreciation) for $794,000, 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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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92722218

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