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8.) Consider an asset that costs $1,009,557 and is depreciated straight-line to 57,164 over its 14-year tax life. The asset is to be used in
8.) Consider an asset that costs $1,009,557 and is depreciated straight-line to 57,164 over its 14-year tax life. The asset is to be used in a 6-year project; at the end of the project, the asset can be sold for $199,576. If the relevant tax rate is 0.38, what is the aftertax cash flow from the sale of this asset (SVNOT)?
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