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An asset with an original cost of 100000 and a current book value 20000 is sold for 50000 as part of a capital budgeting project.

An asset with an original cost of 100000 and a current book value 20000 is sold for 50000 as part of a capital budgeting project. The company has a tax rate of 30%. What is the after tax cash flow derived from the sale of the asset?

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