An asset with a book value of $320,000 is sold at a $240,000 pre-tax gain in a year when the tax rate is 20%._____ is the net after-tax cash inflow resulting from this transaction.

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The Answer of An asset with a book value of $320,000 is sold at a $240,000 pre-tax gain in a year when the tax rate is 20%._____ is the net after-tax cash inflow resulting from this transaction.

An Asset with a Book Value of $320,000 Is Sold