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An asset originally cost $630,000 and will be depreciated straight-line over seven years. It will be used for a five year project at which time

An asset originally cost $630,000 and will be depreciated straight-line over seven years. It will be used for a five year project at which time the asset will be sold for $221,000. What is the after tax cash flow from the sale of the asset if the tax rate is 34%? a. ?$221,000 b. ?$14,000 c. ?$13,940 d. ?$207,060

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