The Market Is Considering a Project That Will Require the Purchase

The Market is considering a project that will require the purchase of $1.27 million in new equipment.The equipment will be depreciated straight-line to zero over the 6-year life of the project.What is the value of the depreciation tax shield in Year 2 of the project if the tax rate is 35 percent?

A) $64,209.11
B) $121,012.12
C) $74,083.33
D) $81,028.40
E) $137,583.33