Question: The Lumber Yard is considering adding a new product line that is expected to increase annual sales by $322,000 and expenses by $220,000. The project

The Lumber Yard is considering adding a new product line that

The Lumber Yard is considering adding a new product line that is expected to increase annual sales by $322,000 and expenses by $220,000. The project will require $129,000 in fixed assets that will be depreciated using the straight-line method to a zero book value over the 7-year life of the project. The company has a marginal tax rate of 34 percent. What is the depreciation tax shield? Multiple Choice $34 680 O $14190 $12.467 O O $15.640 $6.266

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