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What is the cash inflow from the sale of vehicles

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Better Health Hospital purchased 4 ambulances for a total of $100,000 three years ago. Now it is replacing the ambulances with newer vehicles. The company has depreciated 90% of the old ambulances, and sold these ambulances for a total of $25,000. Assume a tax rate of 21%. What is the cash inflow from the sale of these vehicles? (Show all calculations for full credit.)

Reference no: EM132818063

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