What is the present value at a 10% discount rate of the depreciation tax shield for a firm in the 35% tax bracket that purchases a $50, 000 asset depreciated straight-line over a five-year life to a zero salvage value? Compute the depreciation tax shield per year and discount this annuity to today. A) $37, 908 B) $17, 500 C) $13, 268 D) $10, 866 What is the present value at a 10% discount rate of the depreciation tax shield for a firm in the 35% tax bracket that purchases a $50, 000 asset depreciated straight-line over a five-year life to a zero salvage value? Compute the depreciation tax shield per year and discount this annuity to today. A) $37, 908 B) $17, 500 C) $13, 268 D) $10, 866