XYZ is evaluating the claw machine project. During year 1, the claw machine project is expected to have relevant revenue of $95,000. relevant variable costs of $30,000, and relevant depreciation of $0 In addition, XYZ would have one source of fixed costs associated with the claw machine project. Yesterday, XYZ signed a deal with Ruby Marketing to develop a marketing campaign for use in the project . The terms of the deal require XYZ to pay Ruby Marketing either $15,000 in 1 year if the project is pursued or $20.000 in 1 year if the project is not pursued Relevant net income for the claw machine project in year 1 is expected to be $29,000. What is the tax rate expected to be in year 12 a. A rate less than 40.00% or a rate equal to or greater than 60.0096 Ob. A rate equal to or greater than 40.0096 but less than 45.00% Oc A rate equal to or greater than 45.00% but less than 50.0095 d. A rate equal to or greater than 50.009 but less than 55.0096 e. A rate equal to or greater than 55.00% but less than 60.00%