apters 11-13 Help Suve Exh Your Company is considering a new project that will require $12.000 of new equipment at the start of the project. The equipment will have a depreciable life of 5 years and will be depreciated to a book value of $3.000 using straight line depreciation. The cost of capital is 9 percent, and the firm's tax rate h 30 percent Estimate the present value of the tax benefits from depreciation Murple Choice $540 O $1.800 O S1200 O 52100