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2 value: Consider an asset that costs $870,300 and is depreciated straight-line to zero over its nine-year tax life. The asset is to be used

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2 value: Consider an asset that costs $870,300 and is depreciated straight-line to zero over its nine-year tax life. The asset is to be used in a six-year project; at the end of the project, the asset can be sold for $136,700. (Do not round intermediate calculations.) Required: If the relevant tax rate is 40 percent, what is the after tax cash flow from the sale of this asset? After tax salvage value $

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