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Assume the Texas Rangers are sold this year for $1.5 billion. At a flat tax rate of 21%, what is the new owner's yearly tax

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Assume the Texas Rangers are sold this year for $1.5 billion. At a flat tax rate of 21%, what is the new owner's yearly tax savings if she uses straight line depreciation of the purchase price over the full 15 years allowed by the IRS? O $42 million O $21 million. O $315 million O$100 million O $10.83 million Question 2 15 pts Assume the Texas Rangers are sold this year for $1.5 billion. At a flat tax rate of 21%, the new owner's total nominal tax savings is if the new owner uses double declining balance depreciation over 5 years. The tax savings in Year 5 would be (Round to the nearest $100,000). O $315 million: $16.3 million O $315 million: $21 million O $105 million; $21 million O $315 million: $126 million O $290.5 million: $16.3 million

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