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What is the incremental cash flow from selling the machine

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Question - You purchased a machine for $1 million 3 years ago and have been applying straight-line depreciation to zero for a 7-year life. Your tax rate is 30%. If you sell the machine right now (after 3 years depreciation) for $700000, what is the incremental cash flow from selling the machine?

Reference no: EM132954593

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