#$9$ The Devin Booker Co$.$ has an asset that costs $$264,000$ and is depreciated straight$-$line to zero over its $5-$year tax life. The asset is to be used in a $2-$year project; at the end of the project, the asset can be sold for $$33,000.$

If the relevant tax rate is $21$ percent, what is the aftertax cash flow from the sale of this asset?

Multiple Choice

$$206,262\mathrm{.}00$

$$59,334\mathrm{.}00$

$$26,070\mathrm{.}00$

$$62,300\mathrm{.}70$