Southport Company is considering the purchase of a piece of equipment that costs $109.800. The equipment would be depreciated on a straight-line basis to its expected salvage value of $5,800 over its 10-year useful life Assuming a tax rate of 40%, what is the annual amount of the depreciation tax shield provided by this investment? Multiple Choice $10,400 56,240 $4 160 O None of these answers is correct