15. (NUMERICAL) Suppose that a project has a depreciable investment of $600,000. The project was initially subject to IRS policy 1 and then switched to IRS policy 2 (see table). How much was added to firm value due to the switch? Tax rate is 35%. The appropriate discount rate is 5%. A. $8,025. B. $6,012 C. $9.250. D. $5,525. (in '000) Depreciation schedule allowed by IRS policy 1 Depreciation expense Depreciation Tax-Shield 1 0.167 2 0.167 3 0.167 4 0.167 6 0.167 0.167 0.200 0.320 0.192 0.115 0.115 0.058 Depreciation schedule allowed by IRS policy 2 Depreciation expense Depreciation Tax-Shield