Consider an asset that costs $786,400 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 $135,800.(Do not round intermediate calculations.)

Required:

If the relevant tax rate is 40 percent, what is the aftertax cash flow from the sale of this asset?

Aftertax salvage value

$