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Consider an asset that is to be used in a five-year project. The asset costs $812,000 and will be depreciated straight-line to zero over its

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Consider an asset that is to be used in a five-year project. The asset costs $812,000 and will be depreciated straight-line to zero over its seven-year tax life. At the end of the project, the asset can be sold for $174,000. What is the aftertax cash flow from the sole of the assot (ot the conclusion of the project) the relevant tax rate is 21 percent? (Do not round Intermediate calculations)

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