Question: ose the best answer for the question. Question 25 3 pts A two-year project has sales of $582.960, cash costs of $411,015, and depreciation expense

 ose the best answer for the question. Question 25 3 pts

ose the best answer for the question. Question 25 3 pts A two-year project has sales of $582.960, cash costs of $411,015, and depreciation expense of $68,109. The tax rate is 24 percent and the discount rate is 12 percent. What amount should be used as the annual depreciation tax shield when computing the project's operating cash flow? Ignore bonus depreciation. $47,213.34 O$23,606.67 O $16,346.16 $46.676.30 O $26.210.01 Next . Previous

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