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Consider an asset that costs $184,800 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a
Consider an asset that costs $184,800 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a 6-year project, at the end of the project, the asset can be sold for $23,100. Required: If the relevant tax rate is 31 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) O $15,939.00 $28,747.95 $30,261.00 $31,774.05 $144,849.00
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