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The Mighty Luchador Corporation has recently purchased an asset that cost them $12,000,000 and they intend to depreciate this asset straight-line to zero over its

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The Mighty Luchador Corporation has recently purchased an asset that cost them $12,000,000 and they intend to depreciate this asset straight-line to zero over its 8 year depreciable tax life. The asset is to be used in a 4 year project and at the end of the project, the asset can be sold for $3,000,000. If the relevant tax rate is 22%, what is the after tax cash flow from the sale of this asset (after-tax salvage)? Select one: O a. 3704364 O b. 3633954 O c 3660000 O d. 3608148 O e. 3711798

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