Question: Consider an asset that costs $ 7 0 5 , 0 0 0 and is depreciated straight - line to zero over its eight -
Consider an asset that costs $ and is depreciated straightline to zero over its eightyear tax life. The asset is to be used in a fiveyear project; at the end of the project, the asset can be sold for $ If the relevant tax rate is percent, what is the aftertax cash flow from the sale of this asset? Do not round intermediate calculations and round your answer to the nearest whole number, eg
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