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Consider an asset that costs $ 9 3 6 , 2 9 4 and is depreciated straight - line to zero over its 1 3

Consider an asset that costs $936,294 and is depreciated straight-line to zero over its 13-year tax life. The asset is to be used in a 7-year project; at the end of the project, the asset can be sold for $103,155. If the relevant tax rate is 0.22, what is the aftertax cash flow from the sale of this asset?

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