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Consider an asset that costs $125,000 and is depreciated straight-line to zero over its 5- year tax life. The asset is to be used in

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Consider an asset that costs $125,000 and is depreciated straight-line to zero over its 5- 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 $35,000. The tax rate is 21 percent. What is the after-tax salvage value? Select one: a. $25,242 b. $38,196 c. $32,900 d. $35,500 e. $35,000

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