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the corner store is evaluating a lease on some equipment that costs $79,000 and has two year life The pretax cost borrowed funds is 8.4
the corner store is evaluating a lease on some equipment that costs $79,000 and has two year life The pretax cost borrowed funds is 8.4 percent and the tax rate is 21 percent. What is the amount of the annual depreciation tax shield for Year 1 and Year 2 if the firm uses 100 percent bonus depreciation?
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