Carmen Company has an asset that cost $$16,000$ and currently has accumulated depreciation of $$9,000.$ Suppose the firm sold the asset for $$6,500$ and is subject to a $30\%$ income tax rate.

The net after$-$tax cash flow of the disposal is:

Multiple Choice

None of the answers is correct.

$$7,500.$

$$6,500.$

$$9,350.$

$$ $$6,650.$

Prev

$3$ of $3$

Next