An asset originally cost $630,000 and will be depreciated straight-line over seven years.   It will be used for a five year project at which time the asset will be sold for $221,000. What is the after tax cash flow from the sale of the asset if the tax rate is 34%?

A) ​$14,000
B) ​$13,940
C) ​$207,060
D) ​$221,000

After Tax Cash Flow

The amount of cash that a business or individual has available after all tax obligations have been paid, indicating the net cash generated or used over a period.

Depreciated

The decrease in the value of an asset over time, often due to wear and tear or obsolescence.

Tax Rate

The percentage at which an individual or corporation is taxed, varying by income level, jurisdiction, and type of tax.