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10.00 points Consider an asset that costs $492,800 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be used

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10.00 points Consider an asset that costs $492,800 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $61,600. Required: If the relevant tax rate is 33 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) $107.871.86 $119,226.80 $41,272.00 $113,549.33 $732,436.00 eBook & Resources eBook: 10.4 More about Project Cash Flow

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