Question: 10 Points Question 14 Consider a project with an initial asset cost of $168,000 with a depreciation of that asset set as straight line to

10 Points Question 14 Consider a project with an initial asset cost of $168,000 with a depreciation of that asset set as straight line to zero over seven years. Ignore bonus depreciation. At the end of the project's four-year life, the asset can be sold for $66,000. Use a combined federal and state tax rate of 25 percent. What is the after-tax salvage value? A $67,500 B) $62,750 None of the above D $62,250 E $55,750

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