Smith's Socks, Inc. Is considering buying a new industrial washer because of the following change to the tax laws: any equipment purchased in the next six months will be eligible for bonus depreciation where all depreciation charges may be taken immediately. The cost of the washer is $90,000, with a life of 6 years and a salvage value of $10,000. If Smith's Tax Rate is 21%, what is the timepoint zero cash outflow due to the purchase? Multiple Choice None of the above $69,300 $71100 None of the above $69,300 $71,100 $70,200 $90,000