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Consider an asset that costs $ 6 5 0 , 0 0 0 and is depreciated straight - line to zero over its 8 -

Consider an asset that costs $650,000 and is depreciated
straight-line to zero over its 8-year tax life. The asset is to be
used in a 6-year project; at the end of the project, the asset can
be sold for $123,000.If the relevant tax rate is 23 percent,
what is the aftertax cash flow from the sale of this
asset?(Do not round intermediate calculations and
round your answer to the nearest whole number, e.g.,
32.)

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