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  3. 15. the fortive corporation disposes a capital ass

15. The Fortive Corporation disposes a capital asset with an original cost of $180,000 and...

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Accounting

15. The Fortive Corporation disposes a capital asset with an original cost of $180,000 and accumulated depreciation of $111,000 for $56,000. Fortives tax rate is 40%. Calculate the after-tax cash inflow from the disposal of the capital asset. A) $5,200 B) ($5,200) C) $61,200 D) $69,000

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