Question: Your firm needs a computerized machine tool lathe which costs $52,000 and requires in $12, 200 falls into the for each year of its 3-year
Your firm needs a computerized machine tool lathe which costs $52,000 and requires in $12, 200 falls into the for each year of its 3-year life After three years, this machine be replaced The machine falls into the MACRS 3-year class life category Assume a tax rate of 35 percent and a discount rate of 13 percent Calculate the depreciation tax shield for this project in year 3. (Round your answer to 2 decimal places.) Depreciation tax shield $________
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