(Answered) Suppose you sell a fixed asset for 121000 when its book

Statistics

Suppose you sell a fixed asset for $121,000 when it's book value is $147,000. If your company's marginal tax rate is 35%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)?

$26,000

$147,000

$130,100

$16,900

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