Darling Paper Container, Inc. purchased several machines at a total cost of $300,000. The installation cost for this equipment was $25,000. The firm plans to depreciate the equipment using the MACRS 5-year normal recovery period. The depreciation percentage according to the MACRS schedule is 20%. The company's marginal tax rate is a flat 21%. If the company reduces its reported income by the amount of the depreciation expense, what tax savings will result? O $60,000 O $12.600 $65,000 O $13,650 Question 23 4 pts During 2019, Amazing Corporation (AC) had EBIT of $150,000, a change in net fixed assets of $400,000, an increase in ne current assets of $100,000, an increase in spontaneous current liabilities of $400,000, a depreciation expense of $60,000, and a tax rate of 30%. Based on this information, AC's free cash flow is $5,000 .-55,000 $165.000 $65,000