Consider an asset that costs $1,307,652 and is depreciated straight-line to 29,154 over its 9-year...
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Accounting
Consider an asset that costs $1,307,652 and is depreciated straight-line to 29,154 over its 9-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $287,211. If the relevant tax rate is 0.31, what is the aftertax cash flow from the sale of this asset (SVNOT)?
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