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Consider an asset that costs $ 1 , 0 2 5 , 5 1 1 and is depreciated straight - line to 7 0 ,

Consider an asset that costs $1,025,511 and is depreciated straight-line to 70,349 over its 13-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $281,442. If the relevant tax rate is 0.29, what is the aftertax cash flow from the sale of this asset (SVNOT)?

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