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A company expects to sell an asset for $ 2 0 , 0 0 0 at the end of a 4 - year project. It

A company expects to sell an asset for $20,000 at the end of a 4-year project. It originally paid $48,000 for that asset, and it will be depreciated straight-line to 0 over 8 years. The company's tax rate is 21%. What is the after-tax cash flow for this transaction?

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