Consider an asset that costs 684600 and is depreciated


Consider an asset that costs $684,600 and is depreciated straight-line to zero over its seven-year tax life. The asset is to be used in a four-year project; at the end of the project, the asset can be sold for $135,300. (Do not round intermediate calculations.)

If the relevant tax rate is 35 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Aftertax salvage value _______$

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Financial Management: Consider an asset that costs 684600 and is depreciated
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