Consider an asset that costs $193,600 and is depreciated straight-line to zero over its 12-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 $24,200.

Required :

If the relevant tax rate is 30 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)

	$16,940.00
	$43,681.00
	$379,952.00
	$45,980.00
	$48,279.00