Question: Seeing Red has a new project that will require foed assets of $923,000, which will be depreciated on a 5 -year MACRS schedule. The annual

 Seeing Red has a new project that will require foed assets

Seeing Red has a new project that will require foed assets of $923,000, which will be depreciated on a 5 -year MACRS schedule. The annual depreciation percentages are 20.00 percent, 32.00 percent, 19.20 percent, 11,52 percent, and 11.52 percent, respectively. The company has a tax rate of 25 percent. What is the depreciation tax shieid for Year 3 ? Muitiple Choice 573,840 544,304 $46350 $26,582 $38,458

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