Consider an asset that costs $193,600 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 $24,200. If the relevant tax rate is 22 percent, what is the aftertax cash flow from the sale of this asset? Multiple Choice O $285,088.00 O $44,431.20 $42,209.64 $46,652.76 $18,876.00

Consider an asset that costs $193,600 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 $24,200. If the relevant tax rate is 22 percent, what is the aftertax cash flow from the sale of this asset? Multiple Choice $285,088.00 $44,431.20 $42,209.64 $46,652.76 $18,876.00