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please show calculations. A corporation purchased an asset for $55,000 that cost $5,000 to install and is being depreciated using a MACRS 5-year recovery period.

please show calculations.
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A corporation purchased an asset for $55,000 that cost $5,000 to install and is being depreciated using a MACRS 5-year recovery period. Based on the firm's 21% tax rate, calculate the tax saving resulting from the depreciation deduction in year 6 of the asset's depreciable life. a. $1,925 b. $578 c. $2,100 d. $630

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