A machine was sold in December 2012 for $9,000. It was originally purchased in January 2010 for $15,000, and depreciation of $12,000 was recorded from the date of purchase through to the date of disposal. Assuming a 40% income tax rate, the after-tax cash inflow at the time of sale is:

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The Answer of A machine was sold in December 2012 for $9,000. It was originally purchased in January 2010 for $15,000, and depreciation of $12,000 was recorded from the date of purchase through to the date of disposal. Assuming a 40% income tax rate, the after-tax cash inflow at the time of sale is:

A Machine Was Sold in December 2012 for $9,000