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What is the after-tax salvage value of the machine

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Reference no: EM132834116

Problem 1: A noodle maker is considering replacing their noodle-processing machine. The current machine was purchased 4 years ago at a total cost of $20,000. It is being depreciated straight-line to a zero value over 8 years. If they can sell the noodle-processing machine now for $13,000, what is the after-tax salvage value of the machine? Use 40% for the effective tax rate.

Reference no: EM132834116

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