Your firm needs a computerized machine tool is the which costs $80,000, will generate $ 50,000 in cost savings. and requires $12,000 in not wedding capital for the project's of 5 years, this machine will be replaced. The machine falls into the MACRS 3 year class life category. Assume a tax rate of 30% and discount rate of 12%. Calculate the depreciation and tax Express for the project in year 1. Depreciation $ 5, 928 Tax Expense $13, 222 Depreciation $ 1, 848 Tax Expense $11, 446 Depreciation $ 26, 664 Tax Expense $7,001 Depreciation $ 35, 560 Tax Expense $ 4, 331