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Seeing Red has a new project that will require fixed assets of $ 9 0 3 , 0 0 0 , which will be depreciated

Seeing Red has a new project that will require fixed assets of $903,000, which will be depreciated on a 5-year MACRS schedule. The annual depreciation percentages are 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, and 11.52 percent, respectively. The company has a tax rate of 25 percent. What is the depreciation tax shield for Year 3?

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