Billy's Plumbing Supplies is considering the purchase of an asset that costs $173,594 and is...
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Billy's Plumbing Supplies is considering the purchase of an asset that costs $173,594 and is depreciated straight-line to zero over its 7 year tax life.
The asset is to be used in a 4 project; at the end of the project, the asset can be sold for $31,177.
If the relevant tax rate is 30%, what is the after-tax cash flow from the sale of this asset?
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