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A company is evaluating the acquisition of new equipment of $163,311. The equipment will be considered a 5-year MACRS asset for tax purposes. If the

A company is evaluating the acquisition of new equipment of $163,311. The equipment will be considered a 5-year MACRS asset for tax purposes. If the companys marginal tax rate is 40 percent, what is the depreciation tax shield for the second year of the project?

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