What is the after tax cash flow from the sale of this asset

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Consider an asset that costs $678,300 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a four-year project; at the end of the project, the asset can be sold for $136,500. (Do not round intermediate calculations.)

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If the relevant tax rate is 35 percent, what is the after tax cash flow from the sale of this asset?

Reference no: EM13764970

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