Question: Question 9 (8 points) Saved Consider an asset that costs $142,000 and is depreciated straight-line to zero over its seven-year tax life. The asset

Question 9 (8 points) Saved Consider an asset that costs $142,000 and

Question 9 (8 points) Saved 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

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