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Please help asap Consider an asset that costs $695,000 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be

Please help asap
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Consider an asset that costs $695,000 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be used in a 7-year project and at the end of the project, the asset can be sold for $177,000. The relevant tax rate is 22 percent. Answer the following questions: A. What is the book value of the asset after 7 years? B. What is the gain or loss on the sale? C. What is the amount of tax to be paid or amount of tax to be refunded from the sale of the asset? D. What is the amount to the after tax cash flow from the sale of this asset. (Round to the nearest dollar.)

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