Depreciated straight-line to zero over seven-year tax life

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Consider an asset that costs $511,000 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $168,000. If the relevant tax rate is 34 percent, what is the after tax cash flow from the sale of this asset? (Do not round intermediate calculations.)

After tax salvage value= $ $

Reference no: EM13909066

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