What is the terminal cash flow for this tractor

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Reference no: EM131343863

Five years ago an organic farm bought a small tractor for $150,000. The equipment has reached the end of its useful life, and its purchased price has been fully depreciate. The firm is able to sell the equipment for $15,00. Given that the firm's marginal corporate tax rate is 34%, what is the terminal cash flow for this tractor?

A. 5,100

B. $32,000

C. $26,900

D.$9,900

Reference no: EM131343863

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