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After-tax cash flow from the sale of asset

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Billy's Plumbing Supplies is considering the purchase of an asset that costs $235,482 and is depreciated straight-line to zero over its 6 year tax life. The asset is to be used in a 5 project; at the end of the project, the asset can be sold for $31,897. If the relevant tax rate is 30%, what is the after-tax cash flow from the sale of this asset?

Reference no: EM132724547

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