Today litchfield design purchased a piece of equipment for


Today, Litchfield Design purchased a piece of equipment for 134,000 dollars that will be depreciated to 8,000 dollars over 18 years using straight-line depreciation. What would the after-tax cash flow be from the equipment sale if the equipment is sold in 12 years for 91,000 dollars and the tax rate is 30 percent?

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Financial Management: Today litchfield design purchased a piece of equipment for
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