Problem 12-7 Depreciation Tax Shield (LG12-4) Your firm needs a computerized machine tool lathe which...
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Problem 12-7 Depreciation Tax Shield (LG12-4) Your firm needs a computerized machine tool lathe which costs $45,000 and requires $11,500 in maintenance for each year of its 3-year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category. Assume a tax rate of 34 percent and a discount rate of 12 percent Calclato the depreciation tak shiel for i red in year 3 fRound your answer to decimal places Depreciation tax shield
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