24. At the end of a capital budgeting project, the asset has a book value of...

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24. At the end of a capital budgeting project, the asset has a book value of $50,000 and is sold for a $10,000 gain before income taxes. The company's tax rate is 35%. What is the after tax cash flow that would result from this sale? $66,500. $ 6,500. (a) (b) (c) $60,000. (d) $56,500. 24. At the end of a capital budgeting project, the asset has a book value of $50,000 and is sold for a $10,000 gain before income taxes. The company's tax rate is 35%. What is the after tax cash flow that would result from this sale? $66,500. $ 6,500. (a) (b) (c) $60,000. (d) $56,500.