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Two years ago your firm bought an asset that is being depreciated on a straight - line basis to zero over a 4 year life.

Two years ago your firm bought an asset that is being depreciated on a straight-line basis to zero over a 4year life. The asset cost $200,000 and is being sold for $100,000 today. The tax rate is 30%. What is the after-tax cash flow from the sale of the asset?
$115,000
$85,000
$129,000
$100,000
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