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You purchased a machine for $1.02 million three years ago and have been applying​ straight-line depreciation...

You purchased a machine for $1.02 million three years ago and have been applying​ straight-line depreciation to zero for a​ seven-year life. Your tax rate is 35%. If you sell the machine today​ (after three years of​ depreciation) for $750,000​, what is your incremental cash flow from selling the​ machine?

a. Your total incremental cash flow will be ​$_____​(Round to the nearest​ cent.)

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Answer #1

a) Total incremental cash flow will be $ 108642.

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