Akerfeldt Industries sold a piece of equipment for $65,344. The book value of the equipment is $42,699. If Akerfeldt's

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answerhappygod
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Akerfeldt Industries sold a piece of equipment for $65,344. The book value of the equipment is $42,699. If Akerfeldt's

Post by answerhappygod »

Akerfeldt Industries sold a piece of equipment for
$65,344. The book value of the equipment is $42,699. If
Akerfeldt's marginal tax rate is 28 percent, what will be the
after-tax cash flow (i.e., after-tax salvage value) of this sale?
DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR
ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR (example:
18630).
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