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A printing press has a cost of $80,000 and a useful life of 4 years. If the company has a marginal tax rate of 21%

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A printing press has a cost of $80,000 and a useful life of 4 years. If the company has a marginal tax rate of 21% and chooses to depreciate straight line for tax purposes, what is the yearly tax shield? $4,800 There is no tax shield using straight line depreciation

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