A machine will reach the end of its useful life in year 5, Financial Management

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A machine will reach the end of its useful life in year 5

A machine will reach the end of its useful life in year 5. The realizable salvage value is expected to be $50,000 with a book value of zero. The company's marginal tax rate is 34%. What is the tax implication on the sale of the new machine at year 5? (show formula please)

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Financial Management: A machine will reach the end of its useful life in year 5

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Financial Management: A machine will reach the end of its useful life in year 5

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