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Redstone Services is considering a new project which requires the purchase of new equipment for $90,000. The required equipment will incur additional shipping and installation

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Redstone Services is considering a new project which requires the purchase of new equipment for $90,000. The required equipment will incur additional shipping and installation costs of $8,000 and has a 3-year tax life. The accelerated rates for such property are 33.33%, 44.45%, 14.81%, and 7.41% for Years 1 through 4 (based on MACRS). What is the project's year 3 depreciation that would be used in cash flow estimation? $13.329 $14,514 523.331 $10.115

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