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What is the tax benefit received in the first year

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Reference no: EM133075548

Question - What is the tax benefit received in the first year for a laptop purchased for $1,000 with a salvage value of $100 if it has a useful like of 4 years and the company marginal tax rate is 20%?

a. $15

b. $45

c. $50

d. $225

e. $1250

Reference no: EM133075548

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