Consider an asset that costs $360,800 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be used in a 3-year project; at the end of the project, the asset can be sold for $45,100.

Required :

If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)

(A) $30,668.00

(B) $752,280.00

(C) $113,020.60

(D) $107,638.67

(E) $102,256.74