Calculating aftertax salvage value Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11A A Paste ,A Alignment Number Conditional Format as Cl Cells Editing Formatting Table" Styles. Styles Clipboard Font A1 Consider an asset that costs $730,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project, at the end of the project, the asset can be sold for $192,000. If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset? Costs Pretax salvage value Tax rate Years for depreciation Year asset is sold 730,000 192,000 23% 10 Complete the following analysis. Do not hard code values in your calculations Annual depreciation Accumulated depreciation Book value Aftertax cash flow 15 16 17 19 20 21 Pretax salvage value Taxes 23 24 Aftertax salvage value 26 Sheet1 ... t 40% Attempt(s