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Consider an asset that costs $211,200 and is depreciatedstraight-line to zero over its 8-year tax life. The asset is to beused in a 5-year project; at the end of the project, the asset canbe sold for $26,400. Required :If the relevant tax rate is 35 percent, what is the aftertaxcash flow from the sale of this asset? (Do not round yourintermediate calculations.)rev: 09_18_2012$42,636.00$44,880.00$17,160.00$47,124.00$257,412.00
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