suppose that you are able to generate an annual depreciation deduction of $20,000 that would otherwise have been taxed at a 30% rate each year for 7 years. suppose that your taxes due on sale in year 7 will be $32,000 greater than if the property had not been depreciated. determine the net benefit of depreciation assuming a discount rate of 6.5%.
A) $53,499
B) $32,907
C) $20,592
D) $12,315