Problem 18-13 Question Help Under the assumption that KXS's market share will be 0.26% higher in each subsequent year, you determine that the plant will require an expansion in 2020. The expansion will cost $20.5 million. Assuming that the financing of the expansion will be delayed accordingly end of 2020), calculate the projected interest payments and the amount of the projected interest tax shields through 2023 (assuming that is still uses a 10-year bond, interest rates remain the same at 7.1%, and KXS's tax rate is 35%) Current values (5000) 2018 2019 2020 2021 2022 2023 Outstanding debt before expansion $4.258 $4.258 $4,258 $4.258 $4,258 $4,258 Interest on debt before expansion $302 $302 $302 $302 $302 $302 Interest tax shield before expansion $106 $106 $106 $106 $106 $106 The total projected interest payments starting in 2021 will be $ (Round to the nearest dollar) Enter your answer in the answer box and then click Check Answer Check Answer Clear All