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Business, 29.11.2020 15:10 ggjhuvth

Equipment that was purchased for $900,000 has a current book value of $450,000. Assume a capital gains tax rate of 28%. Compute the net tax payment or savings if you sell the equipment for $271,400.

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Equipment that was purchased for $900,000 has a current book value of $450,000. Assume a capital gai...
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