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Seeing Red has a new project that will require fixed assets of $915,000, which will be depreciated on a 5-year MACRS schedule. The annual depr

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Seeing Red has a new project that will require fixed assets of $915,000, which will be depreciated on a 5-year MACRS schedule. The annual depr eciation percentages are 20.00 percent, 32.00 percent, 19.20 percent, 11.52 depreciation tax shield for Year 3? percent and 11.52 percent, respectively. The company has a tax rate of 40 percent. What is the Multiple Choice $42,163 $73.200 $117/20 $70,272 61,000

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