Question 26 (4 points) Jake is considering adding a new product line that is expected to increase annual sales by $423,000 and cash expenses by $310,000. The initial investment will require $344,000 in fixed assets that will be depreciated using the straight-line method to a zero book value over the 4-year life of the project. The company has a marginal tax rate of 29%. How much tax per year is saved because of the depreciation expense? Answer the question according to the following format: integer. For example, if the company saves 3,280.776 in taxes, round it to 3,281 . Precision will be enforced to earn points. Your Answer: Answer Question 26 (4 points) Jake is considering adding a new product line that is expected to increase annual sales by $423,000 and cash expenses by $310,000. The initial investment will require $344,000 in fixed assets that will be depreciated using the straight-line method to a zero book value over the 4-year life of the project. The company has a marginal tax rate of 29%. How much tax per year is saved because of the depreciation expense? Answer the question according to the following format: integer. For example, if the company saves 3,280.776 in taxes, round it to 3,281 . Precision will be enforced to earn points. Your