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What is incremental cash flow

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Reference no: EM132643375

You purchased a machine for $1 million three years ago and have been applying straight-line depreciation to zero for a seven-year life.

  • Your tax rate is 30%. 
  • If you sell the machine right now (after three years of depreciation) for $700,000, what is your incremental cash flow from selling the machine?

Reference no: EM132643375

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