Handley Corporation is making a $102,750 investment in equipment with a 5-year life. The company uses the straightline method of depreciation and has a tax rate of 20 percent. The company's required rate of return is 11 percent. Click here to view factor tables What is the present value of the tax savings related to depreciation of the equipment? (Round present value factor calculations to 4 decimal places, e.3. 1.2151 and nal answer to 0 decimal place, e.g. 125. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.3. (45).)