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Consider an asset that is to be used in a five-year project. The asset costs $812,000 and will be depreciated straight-line to zero over its

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Consider an asset that is to be used in a five-year project. The asset costs $812,000 and will be depreciated straight-line to zero over its seven year tax life. At the end of the project, the asset can be sold for $174,000. What is the aftertax cash flow from the sale of the asset (at the conclusion of the project) if the relevant tax rate is 21 percent? (Do not round intermediate calculations

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