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An asset cost $545,000 and depreciated straight line to $145,000 over five years. The asset is to be used in a five-year project. At the
An asset cost $545,000 and depreciated straight line to $145,000 over five years. The asset is to be used in a five-year project. At the end of the project the asset can be sold for $200,000. The tax rate is 35%. What is the after tax cash flow from the sale of this asset.
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