Consider an asset that costs 977000 and is depreciated, Financial Management

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Consider an asset that costs 977000 and is depreciated

Consider an asset that costs $977,000 and is depreciated straight-line to zero over its ten-year tax life. The asset is to be used in a seven-year project; at the end of the project, the asset can be sold for $135,200. (Do not round intermediate calculations.)

Required:

Aftertax salvage value?

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Financial Management: Consider an asset that costs 977000 and is depreciated

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