Question: Question 24 4 pts Corner Market is considering adding a new product line that is expected to increase annual sales by $418,000 and cash expenses

Question 24 4 pts Corner Market is considering adding a new product line that is expected to increase annual sales by $418,000 and cash expenses by $337,000. The initial investment will require $390,000 in fixed assets that will be depreciated using the straight-line method to a zero book value over the six-year life of the project. Ignore bonus depreciation. The company has a marginal tax rate of 21 percent. What is the annual value of the depreciation tax shield? $13.160 $13,650 $163.800 $136.500 $27.300

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