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You are considering investing in a process that is a cost-cutting proposal. The process has an initial cost of $225 and will be depreciated

You are considering investing in a process that is a cost-cutting proposal. The process has an initial cost of $225 and will be depreciated straight-line to zero over its 3-year life. Assume a 34% tax bracket. What is the amount of tax savings generated from depreciation? $37.50 O $8.75 O $12.75 $25.50

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