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Consider an asset that costs $ 1 , 4 1 5 , 0 4 0 and is depreciated straight - line to 2 3 ,

Consider an asset that costs $1,415,040 and is depreciated straight-line to 23,073 over its 13-year tax life. The asset is to be used in a 4-year project; at the end of the project, the asset can be sold for $228,621. If the relevant tax rate is 0.3, what is the aftertax cash flow from the sale of this asset (SVNOT)?

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