A project has sales of $462,000,costs of $274,000,depreciation of $26,000,interest expense of $3,400,and a tax rate of 35 percent.What is the value of the depreciation tax shield?
A) $9,100
B) $9,564
C) $10,650
D) $10,800
E) $11,350
Correct Answer:
Verified
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