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Consider an asset that costs $457,600 and is depreciated straight-line to zero over its 7- year tax life. The asset is to be used in

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Consider an asset that costs $457,600 and is depreciated straight-line to zero over its 7- 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 $57,200. If the relevant tax rate is 22 percent, what is the aftertax cash flow from the sale of this asset? Multiple Choice $44,616.00 $73,379.43 $271,140.00 $69,710.46 O $77,048.40

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