Question: Consider an asset that costs $ 4 1 3 , 6 0 0 and is depreciated straight - line to zero over its 1 1

Consider an asset that costs $ 413,600 and is depreciated straight - line to zero over its 11- year tax life . The asset is to be used in a 5- year project ; at the end of the 5 years , the asset can be sold for $ 51,700. If the relevant tax rate is 33 percent , what is the after - tax salvage value flow from the sale of this asset ?( Do not round your intermediate calculations .) $ 103,632.65 $ 109,087.00 $ 887.701.00 $ 34,639.00

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