Margarite's Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $280,000. The fixed assets will be depreciated using 3-year MACRS to a zero book value through the life of the project. Calculate OCF each year using the tax shield approach assuming a tax rate of 34%.. Year 1 2 3 After-tax income/benefit (before $72,000 $72,000 $72,000 depreciation) = [Sales-(VC+FC)](1-T) Depreciation tax shield 2 ? 2 OCF Y Z a. X=$103,416; Y=$114,840; Z=$86,280 b. X=$96,684; Y=$105,660; Z=$83,220 c. X=$96,684; Y=$105,660; Z-584,750 d. X$102.416.5114840: 70$83.720