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D Question 18 5 pts The following is a description of an investment project: Equipment will cost $100,000 Installation costs for the equipment are $15,000

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D Question 18 5 pts The following is a description of an investment project: Equipment will cost $100,000 Installation costs for the equipment are $15,000 and delivery costs are another $5,000 The equipment will be depreciated according to 5-year MACRS (20%, 32%, 19.2%, 11.52%, 11.52%, 5.76%). This new equipment will be replacing old equipment that has been completely depreciated and has a current salvage value of $8,000. The marginal tax rate - 30% What would be depreciation for the third year? O $20,160 O $22,080 O $23,040 $19.200

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