Answer is provided, please show all steps and any calculations performed so I can fully understand how to solve. thank you

30) A project will increase sales by $640,000 and cash expenses by $370,001. The required equipment will cost $600,000 and belongs in a 25% CCA class. The company has a marginal tax rate of 35%. What is the value of the depreciation tax shield in the second year? A) $54,563 B) $45,938 C) $150,000 D) $39,375 E) $137,813