Find cash flow from the sale of the asset

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Reference no: EM131537351

A fixed asset costs $1200 and will be depreciated straight line to zero over years. The hasset will be used in a 6-year project, at the end of the project, the asset can be sold for $525. The tax rate is 28%. Find the cash flow from the sale of the asset.

Reference no: EM131537351

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