An asset used in a three year project is classified as a seven year MACRS asset by the IRS. The asset is purchased for $700 and will have a salvage value of $375. The tax rate is 25%. Find the cash flow from selling the asset at the end of the project

A. $306

B. $370

C. $341

D.$294

E. $358

F. $323

An asset used in a three-year project is classified as a seven-year MACRS asset by the Is The asset is purchased four 5700 and will have savage of 5375. The tax rate is 25% Find the cash flow from selling the onset of the end of the project. 0 $300 $370 341 5294 5350 $323