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Petrol Service Stations has a tax rate of 21 percent. Its total interest payment for the year just ended was $85,000. What is the interest

Petrol Service Stations has a tax rate of 21 percent. Its total interest payment for the year just ended was $85,000. What is the interest tax shield for the year? image text in transcribed
Cource CAD-01.02-03.10-H bueness Face FA 29 Cennes 4 Part B - Calculations Saved Help Save Exit Submit Petrol Service Stations has a tax rate of 21 percent. Its total interest payment for the year just ended was $85,000. What is the interest tax shield for the year? as Multiple Choice $37,500 $41000 $32.300 535700 $17,850

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