Consider an asset that costs $457,600 and is depreciated straight-line to zero over its 11-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 25 percent, what is the aftertax cash flow from the sale of this asset?

Multiple Choice

$105,300.00

$42,900.00

$110,565.00

$100,035.00

$757,912.00