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Show work Please B. Consider an asset that costs $545,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to

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B. Consider an asset that costs $545,000 and is depreciated straight-line to zero over its eight-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 S95,000. If the relevant tax rate is 35 percent, what is the aftertax cash flow from the sale of this asset? Input area: $ 545,000 8 Asset price Asset life Years asset used Market value Tax rate $ 95,000 35% Output area: Annual depreciation Accumulated depreciation Ending book value Aftertax salvage

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