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Consider an asset that costs $272, 800 and is depreciated straight-line to zero over its 12-year tax life. The asset is to be used in

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Consider an asset that costs $272, 800 and is depreciated straight-line to zero over its 12-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 $34100. If the relevant tax rate is 34 percent, what is the after tax cash flow from the sale of this asset? (Do not round your Intermediate calculations.) $76, 611.33 $694, 970.00 $72.780.76 $22, 506.00 $80, 441.90

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