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URGENT PLEASE Consider a robotic asset that costs $426,000 and is depreciated straight-line to zero over its five-year tax life. The asset is to be
URGENT PLEASE
Consider a robotic asset that costs $426,000 and is depreciated straight-line to zero over its five-year tax life. The asset is to be used in a four-year project; at the end of the project, the asset can be sold for $64,000. If the relevant tax rate is 33 percent, what is the aftertax cash flow from the sale of this asset? $70,410.25 $74,528.00 $64,000,00 $70,996.00 $57,004.00Step by Step Solution
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