Augusta Inc. (AI) bought a machine for $1.11 million three years ago and have been...
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Augusta Inc. (AI) bought a machine for $1.11 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Al's corporate tax rate is 25%. If Al sell the machine today (after three years of depreciation) for $754,000, what is Al's incremental cash flow from selling the machine? Al's total incremental cash flow will be $ (Round to the nearest cent.)
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