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Consider an asset that costs $484,000 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a

Consider an asset that costs $484,000 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a 3-year project; at the end of the project, the asset can be sold for $60,500. Required : If the relevant tax rate is 34 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) Multiple Choice: $903,882.00 $39,930.00 $149,919.00 $142,780.00 $135,641.00

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