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Consider an asset that costs $ 9 5 0 , 6 0 0 and is depreciated straight - line to zero over its seven -

Consider an asset that costs $950,600 and is depreciated straight-line to zero over its seven-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 $150,000. 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. Your final answer will be a whole dollar amount. Do not input a comma or dollar sign with your answer. i.e.123456)

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