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Consider an asset that costs $510,400 and is depreciated straight-line to zero over its 7-year tax life. The asset is to be used in a

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Consider an asset that costs $510,400 and is depreciated straight-line to zero over its 7-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 $63,800. Required: If the relevant tax rate is 35 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) $123,931.50 O $41,470.00 O $118,030.00 $622,062.00 O $112,128.50

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