What would the after-tax cash flow be from equipment sale

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Today, Litchfield Design purchased a piece of equipment for 49,000 dollars that will be depreciated to 14,000 dollars over 10 years using straight-line depreciation. What would the after-tax cash flow be from the equipment sale if the equipment is sold in 4 years for 24,000 dollars and the tax rate is 20 percent?

Reference no: EM131524886

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