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Consider an asset purchased for $275,000 and depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a four-year

Consider an asset purchased for $275,000 and depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a four-year project and then sold for $72,000. What is the after tax cash flow if the tax rate is 35%?

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