Exam 3 01:41:57 The Lumber Yard is considering adding a new product line that is expected to increase annual sales by $302,000 and expenses by $204,000. The project will require $113,000 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 21 percent. What is the depreciation tax shield? 22 Mc Multiple Choice $14,878 $9,060 $7140 $20,580 $3,390

of 21 percent What is the depreciation tor shield? Mute Cheice 5060 1740 k705e0