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A project has sales of $49,000, costs of $38,000, depreciation of 6,000, interest expense of $300, and a tax rate of 30 percent. What is
A project has sales of $49,000, costs of $38,000, depreciation of 6,000, interest expense of $300, and a tax rate of 30 percent. What is the value of the depreciation tax shield?
a. | $1,800 | |
b. | $4,500 | |
c. | $1,500 | |
d. | $4,200 | |
e. | $1,645 |
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