Consider an asset that costs $360,800 and is depreciated straight-line to zero over its 7-year tax life. The asset is to be used in a 2-year project; at the end of the project, the asset can be sold for $45,100.

Required :

If the relevant tax rate is 34 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)

rev: 09_18_2012

$29,766.00

$117,388.86

$111,519.42

$123,258.30

$673,806.00