Schneider Robotics is considering a project which will require the purchase of $$8$ million in new equipment that will be depreciated straight$-$line to a zero book value over the $4-$year life of the project. The firm requires a rate of return of $12\%$ on this project and its tax rate is $25\%.$ What is the value of the depreciation tax shield in Year $5$ of the project?

d$.$ $$600,000$

a$.$ $$450,000$

c$.$ $$550,000$

b$.$ $$500,000$