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The BetaMax Corporation just purchased a machine for $1,500,000. BetaMax plans to depreciation the machine over a 10-year period down to a remaining book value
The BetaMax Corporation just purchased a machine for $1,500,000. BetaMax plans to depreciation the machine over a 10-year period down to a remaining book value of 0. Assuming straight-line depreciation and tax rate of 34%, compute the annual depreciation tax shield benefit for the machine. Group of answer choices 42,500 125,000 51,000 82,500.
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