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Louwers Corporation recently sold a used machine for $50,000

Accounting

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Louwers Corporation recently sold a used machine for $50,000. The machine had a book value of $75,000 at the time of the sale. What is the after-tax cash flow from the sale, assuming the company's marginal tax rate is 25 percent?

1. $43,750
2. $50,000
3. $56,250
4. $75,000