Question 11 (4 points) An asset costs $100,000 and is depreciated straight-line to zero over its 4 year life. The asset will be used for a three-year project and after 3 years it will be sold for $30,000. If the tax rate is 35%, what is the after-tax cash flow from the sale of the asset? $34,750 $15,250 $28,750 $30,000