Lowell Inc.$\text{'}$s $2019$ financial statements show operating profit before interest and tax of $$519,233$ thousand, net income of $$318,022$ thousand, provision for income taxes of $$91,720$ thousand and net nonoperating expense before tax of $$105,354$ thousand. Assume Lowell$$s statutory tax rate for $2019$ is $37\%.$ What is Lowell's $2019$ tax shield?

$$277,510$ thousand

$$68,979$ thousand

$$38,981$ thousand

$$117,668$ thousand$2019$ tax shield?

$$277,510$ thousand

$$68,979$ thousand

$$38,981$ thousand

$$117,668$ thousand