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The annual depreciation is $20,000. Corporate tax rate=20%. What is the annual depreciation tax shield? a. $2,000 b. $3,000 c. $1,000 d. $4,000

The annual depreciation is $20,000. Corporate tax rate=20%. What is the annual depreciation tax shield?

a. $2,000

b. $3,000

c. $1,000

d. $4,000

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