Question: please show formulas in Excel. Thanks! Consider an asset that costs $730,000 and is depreciated straight line to zero over its eight year tax life.
please show formulas in Excel. Thanks!
Consider an asset that costs $730,000 and is depreciated straight line to zero over its eight 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 $192,000. If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset?

A A Costs Pretax salvage value Tax rate Years for depreciation Year asset is sold 730,000 192,000 23% 8 5 Complete the following analysis. Do not hard code values in your calculations. Annual depreciation Accumulated depreciation Book value Aftertax cash flow Pretax salvage value Taxes Aftertax salvage value
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