Winslow,Inc.is considering the purchase of a $225,000 piece of equipment.The equipment is classified as 5-year MACRS property.The company expects to sell the equipment after four years at a price of $50,000.What is the after-tax cash flow from this sale if the tax rate is 35%? 
Definitions:
Holding Cash
The act of retaining liquid currency or cash equivalents by individuals or firms as a part of their financial strategy, to cover expenses or for speculative purposes.
Interest Rate
The percentage charged or paid for the use of money on a loan or investment, typically expressed as an annual percentage rate (APR).
Miller-Orr Model
A financial management model used to determine the optimal level of cash balance a company should maintain, considering the costs of cash management and the variability of cash flows.
Opportunity Rate
The expected rate of return on the best alternative investment option.
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