Southport company is considering the purchase of a piece of


Southport Company is considering the purchase of a piece of equipment that costs $100,000. The equipment would be depreciated on a straight-line basis to its expected salvage value of $10,000 over its 16-year useful life. Assuming a tax rate of 40%, what is the annual amount of the depreciation tax shield provided by this investment?

A. $4,000

B. $9,000

C. $3,600

 

D. None of these.

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Financial Management: Southport company is considering the purchase of a piece of
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