Consider an asset that costs $396,000 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $49,500. If the relevant tax rate is 22 percent, what is the aftertax cash flow from the sale of this asset?

321,762.00

71,280.00

38,610.00

74,844.00

67,716.00