A firm is investing in an equipment which falls in 5-years MACRS. The cost of the machine
is $200,000 and the firm spent $20,000 for shipping, at the end of its life the machine could
be sell for $30,000. If the firm is in 34% tax bracket compute the tax savings from
depreciation in year-5.
a.
b.
$ 14,960.00
$ 13,600.00
$ 11,333.33
$ 8,616.96
Answers
Answered by
0
Answer:
B
Explanation:
Similar questions
English,
1 month ago
Math,
1 month ago
Math,
1 month ago
Science,
3 months ago
Computer Science,
3 months ago
Math,
10 months ago
Social Sciences,
10 months ago