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1. Staple Corp has an asset with an original cost of $140,000 and accumulated depreciation of $85,000. Staple Corp is considering selling the asset for

1. Staple Corp has an asset with an original cost of $140,000 and accumulated depreciation of $85,000. Staple Corp is considering selling the asset for $30,000 cash. The companys tax rate is 40%. Calculate the after-tax cash inflow from the sale of this asset.

a. $10,000

b. $30,000

c. $20,000

d. $18,000

e. $15,000

f. $40,000

g. $65,000

h. None of the above

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