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20.(1 point) Karen Corp has an asset they would like to sell. The asset has...

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Accounting

20.(1 point) Karen Corp has an asset they would like to sell. The asset has an original cost of $170,000 and accumulated depreciation of $109,000. The asset would be sold for $50,000 cash. Karens tax rate is 40%. Calculate the after-tax cash inflow from the sale of this asset.

a. $45,600

b. $54,400

c. $39,000

d. $43,400

e. $50,000

f. $30,000

g. $65,400

h. None of the above

PLEASE SHOW WORK!

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