2.00 points Consider an asset that costs $299,200 and is depreclated straight-line to zero over its 12-year tax life. The asset is to be used In a 8-year project at the end of the project, the asset can be sold for $37,400. Required: If the relevant tax rate is 35 percent, what is the aftertax cash fiow from the sale of this asset? (Do not round your Intermedlate calculations.) O $469382.00 O $24,310.0 $56.255.84 $59,216.67 $62,177.50 References eBook &Resources Learning Objective: 10-01 How to determine the releyent cash flows for a proposed project Multiple Choice