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Consider an asset that costs $ 5 1 1 , 5 7 4 and is depreciated straight - line to zero over its 1 0

Consider an asset that costs $511,574 and is depreciated straight-line to zero over its 10-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 $223,786. If the relevant tax rate is 0.36, what is the aftertax cash flow from the sale of this asset?

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