Question: Consider an asset that costs $ 1 , 1 8 9 , 0 3 5 and is depreciated straight - line to 6 8 ,

Consider an asset that costs $1,189,035 and is depreciated straight-line to 68,037 over its 12-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $152,081. If the relevant tax rate is 0.36, what is the aftertax cash flow from the sale of this asset (SVNOT)?

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