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MotoSport is buying an asset that costs $730,000 and can be depreciated at 20 percent per year (Class 8 ) over its eight-year ife. The

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MotoSport is buying an asset that costs $730,000 and can be depreciated at 20 percent per year (Class 8 ) over its eight-year ife. The asset is to be used in a three-year project, at the end of the project, the asset can be sold for $740,200. The company faces a tax rate of 26%. The sale of this asset will close the asset class. The from the sale of asset is

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