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Business, 19.08.2019 23:20 jeffrey74081

Grz inc. purchased a customized delivery truck in january 2018 for $70,000. they plan to use this truck for 7 years, and the company estimates the truck's salvage value will be $14,000 at the end of its useful life. (the company uses the straight-line method when recording depreciation.) in 2018, grz inc.'s net income was $575,000, and their tax rate was 35%. what is the value of the depreciation tax shield? a)$2,800 b)$19,600 c)$3,500 d)$24,500 e)$201,250

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Grz inc. purchased a customized delivery truck in january 2018 for $70,000. they plan to use this tr...
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