Question: Consider an asset that costs $ 1 4 2 , 0 0 0 and is depreciated straight - line to zero over its seven -

Consider an asset that costs $142,000 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a four-year project. At the end of the project the asset can be sold for $65,000. The tax rate is 30 percent. What is the after-tax salvage value? (8 points)
$53,805.15
$66,242.86
$48,100.00
$63,757.14
 Consider an asset that costs $142,000 and is depreciated straight-line to

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