You purchased a machine for 113 million three years ago, Financial Management

You purchased a machine for 113 million three years ago

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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Financial Management: You purchased a machine for 113 million three years ago

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