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Consider an asset that costs $378,400 and is depreciated straight-line to zero over its 15-year tax life. The asset is to be used in a
Consider an asset that costs $378,400 and is depreciated straight-line to zero over its 15-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 $47,300. 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.) $910,064.00 O $32,164.00 $88,671.73 $84,238.14 O $93,105.32
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