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
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