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MC Qu. 37 Synthesis Company is considering the purchas... Synthesis Company is considering the purchase...

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Accounting

MC Qu. 37 Synthesis Company is considering the purchas... Synthesis Company is considering the purchase of a piece of equipment that costs $111,600. The equipment would be depreciated on a straight-line basis to its expected salvage value of $6,100 over its 10-year useful life. Assuming a tax rate of 40%, what is the annual amount of the depreciation tax shield provided by this investment? rev: 09_03_2015_QC_CS-21366 a-$10,550 b-$6,330 c-$4,220 d-None of these answers are correct. References Multiple ChoiceMC Qu. 37 Synthesis Company is considering the purchas...

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