Consider an asset that costs $369,600 and is depreciated straight-line to zero over its 11-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 $46,200.

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

	$104,937.00
	$941,568.00
	$115,983.00
	$110,460.00
	$30,492.00