Check my work Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would involve investing $184,000 in equipment that would have zero salvage value at the end of the project. Annual incremental sales would be $502,000 and annual cash operating expenses would be $332,000. The company uses straight- line depreciation on all equipment. Its income tax rate is 35%. The income tax expense in year 2 is: Multiple Choice 0 $9,380 $62,160 $43,400