The book value of the machinery is 21537 the tax rate is 39


Five years ago, A company invested $53,828 in machinery. The investment in net working capital was $7,704 which would be recovered at the end of the project. Today, the company is selling the machinery for $17,364. The book value of the machinery is $21,537. The tax rate is 39%. What are the terminal cash flows in year 5? (Round answer to two decimal points)

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Finance Basics: The book value of the machinery is 21537 the tax rate is 39
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