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Business, 07.11.2019 21:31 sdonachy7

Eglon mills has a new year 2020 project with an initial equipment cost of $368,000 and a project life of 10 years. the firm generally uses straight-line depreciation to a zero book value over the project's life. if the firm opts instead to use the bonus depreciation method, what is the depreciation tax shield amount for year 2020 at a tax rate of 21%?

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