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Seeing Red has a new project that will require fixed assets of $895,000, which will be depreciated on a 5-year MACRS schedule. The annual depreciation
Seeing Red has a new project that will require fixed assets of $895,000, 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 21 percent. What is the depreciation tax shield for Year 3?
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$52,208
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$36,086
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$62,650
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$36,086
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$100,240
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