What is the terminal value of the machine

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A firm is looking to purchase a new machine which will cost $662,000 today and in 5 years' time the machine could be sold for $255,000. The allowable depreciation rate is 12% on a diminishing value basis. The company tax rate is 30%. What is the terminal value of the machine. (Please round your answer to the nearest dollar but exclude $ and , when typing your answer.)

Reference no: EM132667055

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