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Billy Bob's Monster Trucks is considering the purchase of some new vehicles. The total cost for the vehicles is $360,800 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 $360,800 and they are to be depreciated straight-line to zero over 5 years. The vehicles will be used for 3 years, after which they can be sold for $45,100. If the relevant tax rate is 34 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 $74.893 $82777 $29,766 $305.790 $78.835

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