Consider an asset that costs $360,800 and is depreciated straight-line to zero over its 6-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 $45,100.

If the relevant tax rate is 24 percent, what is the aftertax cash flow from the sale of this asset?

• $63,140.00

• $34,276.00

• $66,297.00

• $59,983.00

• $229,120.00