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A project requires fixed assets of $901.000 that will be depreciated on a 5-year MACRS schedule. The annual depreciation percentages are 20.00% 32.00%, 19.20%, 11.52%,

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A project requires fixed assets of $901.000 that will be depreciated on a 5-year MACRS schedule. The annual depreciation percentages are 20.00% 32.00%, 19.20%, 11.52%, 11.52%, and 5,76%, respectively. The company has a tax rate of 35 percent. What is the depreciation tax shield for Year 3? Multiple Choice O $60,547 $100,912 O $63,070 O $36.328 $52,558

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