Question 28 A two-year project has sales of $582,960, cash costs of $411,015, and depreciation expense of $72,000. The tax rate is 24 percent and the discount rate is 12 percent. What is the amount of the annual depreciation tax shield? O A. $23,606.67 O B. $17,280 O C. $47,213.34 O D. $68,109