Net cash flow from disposal

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Reference no: EM13132570

The Eaton Company purchased a piece of equipment for $20,000. The equipment has a life of 4 years. At the end of the 4 years, the equipment is sold for $6,000 when the tax basis of the equipment is $4,500. Income tax rate is 35%. The net cash flow from disposal is ?

Reference no: EM13132570

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