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Calculate the depreciation on a $5,000 treadmill. Useful life = 6 years Salvage value = 25% $ ________- this amount goes to income statement (as

Calculate the depreciation on a $5,000 treadmill.

Useful life = 6 years Salvage value = 25%

$ ________- this amount goes to income statement (as a loss).

If the company is in a 34% tax bracket, what is the tax shield (reduction of net income) when you can depreciate the asset?

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