Question: Consider an asset that costs $ 9 3 8 , 0 0 0 and is depreciated straight - line to zero over its seven -

Consider an asset that costs $938,000 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a five-year project, at the end of the project, the asset can be sold for $140,000. If the relevant tax rate is 21 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations. Your final answer will be a whole dollar amount. Do not input a comma or dollar sign with your answer. i.e.123456)
Numeric Response
 Consider an asset that costs $938,000 and is depreciated straight-line to

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