Your company has just agreed to sell one of its factories, Financial Management

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Your company has just agreed to sell one of its factories

Your company has just agreed to sell one of its factories for 8,200,000. You built the factory for 5,000,000 2 years ago. You have been depreciating the factory straight line over its useful life of 10 years. If the tax rate is 40%, what will your cash flow on the sale of the factory be? (please round to the nearest dollar and please do not include commas in your answer)

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