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Consider an asset that costs $ 1 7 6 , 0 0 0 and is depreciated straight - line to zero over its 1 0

Consider an asset that costs $176,000 and is depreciated straight-line to zero over its 10 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 $22,000.
If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset?
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