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URGENT DUE LESS THAN AN HOUR The Sisyphean Company is considering a new project that will have an annual depreciation expense of $3.0 million. If

URGENT DUE LESS THAN AN HOUR

The Sisyphean Company is considering a new project that will have an annual depreciation expense of $3.0 million. If Sisyphean's marginal corporate tax rate is 20% and its average corporate tax-rate is 20%, then what is the value of the depreciation tax shield on the company's new project?

A. $0.92

B. $0.54

C. $0.60

D. $0.90

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