Synthesis Company is considering the put chase of a piece of equipment that costs $112, 200. The equipment would be depreciated on a straight-line basis to its expected salvage value of $6, 200 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? $10, 600 $6, 360 54, 740 None of these answers are correct