management has projected the project will produce the following cash flows in the first two years( in millions)

Shepard Industries is evaluating a proposal to expand its current distribution facilities Management has proje 1,200 1,350 Year Revenues Operating expense Depreciation Increase in working capital Capital expenditures Marginal corporate tax rate 230 550 260 80 40 280 330 30% 30% The depreciation tax shield for Shepard Industries project in year 2 is closest to O A. $78 O B. $69 OC. 5117 OD. 594