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Kustom Cars purchased a fixed asset three years ago for $420,000 and sold it today for $197,000. The asset is classified as 5-year property for MACRS. The MACRS table values are 0.2000, 0.3200, 0.1920, 0.1152, 0.1152, and 0.0576 for Years 1 to 6, respectively. What is the net cash flow from the salvage value if the tax rate is 21 percent? Group of answer choices $171,307 $181,032 $212,968 $120,960 $119,729.

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Kustom Cars purchased a fixed asset three years ago for $420,000 and sold it today for $197,000. The asset is classified as 5-year property for MACRS. The MACRS table values are 0.2000, 0.3200, 0.1920, 0.1152, 0.1152, and 0.0576 for Years 1 to 6, respectively. What is the net cash flow from the salvage value if the tax rate is 21 percent? Group of answer choices $171,307 $181,032 $212,968 $120,960 $119,729

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