What is aftertax cash flow from the sale of this asset

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Consider an asset that costs $631000 and is depreciated straight-line to 28000 over its 11-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $216000. If the relevant tax rate is 0.38, what is the aftertax cash flow from the sale of this asset (SVNOT)?

Reference no: EM131906644

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