You purchased some fixed assets three years ago at a cost of $371 600 . You have been depreciating these assets using straight - line depreciation to a zero book value over 8 years . Today , you are selling these assets for $225 000 . What is the after - tax cash flow from this sale if the applicable tax rate is 34 percent $220 655 b. $222 535 $225 000 1 . $227 465