Sun 36 PM Ch 12 Assignment Saver & Submit Check my work 9 Problem 12-7 Depreciation Tax Shield (LG12-4) Your firm needs a computerized machine toollathe which costs $55,000 and requires $12.500 in maintenance for each year of its 3 year Aher three years, this machine will be replaced. The machine fois into the MACRS 3-year classife category, and neither bonus depreciation nor Section 179 expensing can be used. Assume s tax rate of 21 percent and a discount rate of 13 percent Calculate the depreciation tax for this project in year 2 Round your answer to 2 decimal places) Deprecatel ME Graw HII 2 P A A @ AL ow DO : . .. : 90 . + 8 9 O Il + deler O P { [ }