What is aftertax cash flow from the sale of asset

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Reference no: EM131545222

Consider an asset that costs $810,000 and is depreciated straight-line to zero over its nine-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 $185,000. If the relevant tax rate is 30 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations.)

Aftertax salvage value $

Reference no: EM131545222

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