Consider an asset that costs $730,000 and can be depreciated at 20 percent per year over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $320,000. The company faces a tax rate of 26%. The sale of this asset will close the asset class. What is the after-tax cash flow from the sale of the asset? $320,000 $346,125 $293,875 $495,727 $464,673