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Consider an asset that costs $655,000 and is depreciatedstraight-line to zero over its 8-year tax life. The asset is to beused in a 6-year project; at the end of the project, the asset canbe sold for $129,000. If the relevant tax rate is 24 percent, whatis the aftertax cash flow from the sale of this asset? (Donot round intermediate calculations and round your answer to thenearest whole number, e.g., 32.)
