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Consider an asset that costs $584,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a

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Consider an asset that costs $584,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $188,000. If the relevant tax rate is 21 percent, what is the aftertax cash flow from the sale of this asset? (Do not round Intermediate calculations.) Multiple Choice $169,880 $173,970 $144,660 O$178,480 $194,510

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