Consider an asset that costs $272,800 and is depreciated straight-line to zero over its 10-year tax life. The asset is to be used in a 8-year project; at the end of the project, the asset can be sold for $34,100.

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.)

rev: 09_18_2012

$40,442.60

$42,464.73

$38,420.47

$23,529.00

$213,819.00