Question: Seelng Red has a new project that will require fixed assets of $881,000, which will be depreclated on a 5-year MACRS schedule. The annual depreclation

Seelng Red has a new project that will require fixed assets

Seelng Red has a new project that will require fixed assets of $881,000, which will be depreclated on a 5-year MACRS schedule. The annual depreclation 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 34 percent. What is the depreciation tax shield for Year 3? Multiple Cholce $59,908 $34,507 $57,512 $49.923 $95,853

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