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Consider an asset that costs $184,800 and is depreciated straight-line to zero over its 11-year tax life. The asset is to be used in a

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Consider an asset that costs $184,800 and is depreciated straight-line to zero over its 11-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 $23,100. If the relevant tax rate is 24 percent, what is the aftertax cash flow from the sale of this asset? $17,556.00 $39,660.60 $294,768.00 $43,835.40 $41,748.00

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