Northwest Co.purchases an asset for $6,000.This asset qualifies as a seven-year recovery asset under MACRS.Benson has a tax rate of 30%.The seven-year expense percentages for years 1,2,3,4,5,and 6 are 14.29%,24.49%,17.49%,12.49%,8.93%,and 8.93%,respectively.If the asset is sold at the end of six years for $2,000,what is the cash flow from disposal?
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