Chapter 9 Help Save & Exit Submit Saved Check my work Problem 9-6 Calculating Salvage Value [LO 21 Consider an asset that costs $870,300 and is depreciated straight-line to zero over its nine-year tax life. The asset is to be used in a six-year project; at the end of the project, the asset can be sold for $136,700. (Do not round intermediate calculations.) 86 Required: If the relevant tax rate is 40 percent, what is the aftertax cash flow from the sale of this asset? Aftertax salvage value