Homework Answers
Annual Depreciation = 1,180,000/7 = $168,571
After 3 years,
Book Value of machine = 1,180,000 - 3(168,571) = $674,287
Incremental Cash Flow = (785,000 - 674,287)(1 - 0.38) + 674,287
Incremental Cash Flow from selling machine = $742,929.06
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