6 Rush Corporation plans to acquire production equipment for $620,000 that will be depreciated for tax purposes as follows: year 1, $124,000; year 2, $214,000; and in each of years 3 through 5, $94,000 per year. A 10 percent discount rate is appropriate for this asset, and the company's tax rate is 40 percent. Use Exhibit A.8 and Exhibit A.9. 3.35 points Required: a. Compute the present value of the tax shield resulting from depreciation. b. Compute the present value of the tax shield from depreciation assuming straight-line depreciation ($124,000 per year). Skipped Complete this question by entering your answers in the tabs below. eBook Print Required A Required B References Compute the present value of the tax shield resulting from depreciation. (Round PV factor to 3 decimal places and other intermediate calculations to nearest whole number.) Present value of the tax shield 6 Rush Corporation plans to acquire production equipment for $620,000 that will be depreciated for tax purposes as follows: year 1, $124,000; year 2, $214,000; and in each of years 3 through 5, $94,000 per year. A 10 percent discount rate is appropriate for this asset, and the company's tax rate is 40 percent. Use Exhibit A.8 and Exhibit A.9. 3.35 points Required: a. Compute the present value of the tax shield resulting from depreciation. b. Compute the present value of the tax shield from depreciation assuming straight-line depreciation ($124,000 per year). Skipped Complete this question by entering your answers in the tabs below. eBook Print Required A Required B References Compute the present value of the tax shield from depreciation assuming straight-line depreciation ($124,000 per year). (Round PV factor to 3 decimal places and other intermediate calculations to nearest whole number.) Present value of the tax shield