Help Save & Exit Submit A project requires fixed assets of $917,000 that will be depreciated on a 5-year MACRS schedule. The annual depreciation percentages are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%, respectively. The company has a tax rate of 34 percent. What is the depreciation tax shield for Year 3? Multiple Choice $35,917 $62,356 $59,862 $51,963 $99,770