What is the aftertax cash flow from sale of this asset

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Reference no: EM131521817

Consider an asset that costs $255,200 and is depreciated straight-line to zero over its 10-year tax life. The asset is to be used in a 4-year project; at the end of the project, the asset can be sold for $31,900.

Required :

If the relevant tax rate is 30 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)

rev: 09_18_2012

$64,852.70

$71,679.30

$500,842.00

$68,266.00

$22,330.00

Reference no: EM131521817

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