In 2018 , you are considering purchasing a property for $2,000,000 which was certified "Historic" by the National Parks Service. The plan is to renovate the building and take the maximum tax credit allowed under the 2018 tax code. Assume a discount rate equal to the 5 -year treasury (2\%). Under the new changes in the tax code, what would the tax credit be worth in present value dollars? $326,145 $400,000 $500,000 $377,777 $425,166