Aldar decided to purchase the equipment above and, as a result, planned to sell another piece of equipment immediately for $150,000. The equipment was purchased four years earlier at a cost of $500,000 and has been depreciated for tax purposes on a straight-line basis over a ten year life. The company's tax rate is 40%. The loss on the sale of the equipment is a tax deductible expense. What is the after-tax cashflow from the sale of the piece of equipment?