Rosa wants to purchase additional land to expand her produce farm. She would also construct a stilted Agrivoltaic to generate solar electricity while decreasing water consumption for her shade tolerant produce. The land costs $14,600 per acre and the Agrivoltaic system costs $244,000 per acre. Rosa wants to buy 9 new acres and she estimates the real terminal value to be $587,700 if she sold all 9 acres after 20 years. The IRS will allow Rosa to depreciate the cost physical improvements using straight-line over 10 years. The marginal tax rate is 25% and the rate of inflation is 2.1%. (1) Calculate the annual tax savings from depreciation for the investment. a. $25,470 b. $52,155 c. $60,390 d. $58,185 e. None of the above Enter Response Here: () What is the nominal terminal value of the investment? a. $846,046 b. $890,575 c. $716,006 d. $864,064 e. None of the above Enter Response Here: (iii) Calculate the per-acre after-tax terminal value. a $77,865 b. $61,689 c. $59,667 d. $85,651 e. None of the above Enter Response Here