Metal makers, inc purchased some welding equipment 6 years ago at a cost of 579000. today, the company is selling this equipment for 110,000. the tax rate is 34 percent. what is the after tax cash flow from this sale? the MACRS allowances percentage are as follows commencing with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93 and 4.46 percent.
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