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QUESTION
Your Company has an old machine to sell. It has a salvage value of $40,000 at this moment. You sold it for $60,000. The corporate tax rate is 35%.
Your Company has an old machine to sell. It has a salvage value of $40,000 at this moment. You sold it for $60,000. The corporate tax rate is 35%. What is the cash flow you get from sale of the machine?
