A plant asset with a book value of $160,000 is sold for $100,000.The applicable tax rate is 20%.What is the net after-tax cash inflow resulting from the sale?

Name: A plant asset with a book value of $160,000 is sold for $100,000.The applicable tax rate is 20%.What is the net after-tax cash inflow resulting from the sale?
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The Answer of A plant asset with a book value of $160,000 is sold for $100,000.The applicable tax rate is 20%.What is the net after-tax cash inflow resulting from the sale?

A Plant Asset with a Book Value of $160,000 Is