Question: D Question 17 3.34 pts BMO Co. is purchase a new packaging machine for $4,500,000 for its manufacturing plant and will depreciation the equipment for
D Question 17 3.34 pts BMO Co. is purchase a new packaging machine for $4,500,000 for its manufacturing plant and will depreciation the equipment for tax purposes using the MACRS table as follows: Year 1 - 33.33%, Year 2 - 44.45%, Year 3 - 14.81% and Year 4 - 7.41% The company has a tax rate of 25%. What would be the tax savings from depreciation in year 4? - $333,450 $6,177 $83,363 no tax savings
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