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  3. you purchased a machine for $ 1.15 million three y

You purchased a machine for $ 1.15 million three years ago and have been applying...

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Accounting

You purchased a machine for $ 1.15 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 38%. If you sell the machine today (after three years of depreciation) for $ 711,000, what is your incremental cash flow from selling the machine?

Your total incremental cash flow will be $_____. (Round to the nearest cent.)

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