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Consider an asset that costs 1,400,000 Baht and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in

Consider an asset that costs 1,400,000 Baht and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a five-year project, after which it can be sold for 450,000 Baht. If the relevant tax rate is 25 percent, what is the after-tax salvage? (No need for the detailed process of solving the problem, just only answer thank you so much)

437,500.00

450,000.00

0.00

400,000.00

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