Consider an asset that costs $484,000 and is depreciated straight-line to zero over its 14-year tax life. The asset is to be used in a 7-year project; at the end of the project, the asset can be sold for $60,500. If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset? Multiple Choice O $107,357.25 $853,667.00 $46,585.00 O $97,132.75 O $102,245.00 43 Quad Enterprises is considering a new 6-year expansion project that requires an initial fixed asset investment of $5.4 million. The fixed asset will be depreciated straight-line to zero over its 6-year tax life, after which time it will be worthless. The project is estimated to generate $4,800,000 in annual sales, with costs of $1,920,000. If the tax rate is 22 percent, what is the OCF for this project? Multiple Choice O. O $2,322,180 $2,566,620 $2,444,400 O $1,544,400 $2,880,000