Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Your firm needs a machine which costs $180000 and requires $33000 in maintenance for each ...

Your firm needs a machine which costs $180000 and requires $33000 in maintenance for each year of its 7 year life After 3 years this machine will be replaced The machine falls into

Your firm needs a machine which costs $180,000, and requires $33,000 in maintenance for each year of its 7 year life. After 3 years, this machine will be replaced. The machine falls into the MACRS 7-year class life category. Assume a tax rate of 40% and a discount rate of 13%. What is the depreciation tax shield for this project in year 7?

$31,482 -A

$4,092.66 -B

$12,592.80 -C

$18,889-D

 

Apr 06 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions