The Sisyphean Company Is Considering a New Project That Will

The Sisyphean Company is considering a new project that will have a CCA deduction of $2.5 million in the first year.If Sisyphean's marginal corporate tax rate is 40% and its average corporate tax rate is 30%,then what is the value of the CCA tax shield on the company's new project in year 1?

A) $750,000
B) $1,000,000
C) $1,500,000
D) $1,750,000
E) $2,500,000