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Billy Bob's Monster Trucks is considering the purchase of some new vehicles. The total cost for the vehicles is $413,600 and they are to be

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Billy Bob's Monster Trucks is considering the purchase of some new vehicles. The total cost for the vehicles is $413,600 and they are to be depreciated straight-line to zero over 12 years. The vehicles will be used for 7 years, after which they can be sold for $51,700. If the relevant tax rate is 30 percent, what is the after-tax cash flow from the sale of this asset? (Do not round your intermediate calculations.) NOTE: Taxes are affected when the asset is sold at either a gain or loss over book value. Multiple Choice o $92,284 o $687,622 $87,890 $36,190 $83,496

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