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Consider an asset that costs $448,800 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a

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Consider an asset that costs $448,800 and is depreciated straight-line to zero over its 8-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 $56,100. If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset? A. $90,068.55 B. $481,911.00 C. $94,809.00 D. $43,197.00 E. $99,549.45

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