XYZ is evaluating the claw machine project. During year 1, the claw machine project is expected to have relevant revenue of 595,000, relevant variable costs of $30,000, and relevant depreciation of So. In addition, XYZ would have one source of foxed costs associated with the claw machine project. Yesterday, XYZ signed a deal with Ruby Marketing to develop a marketing campaign for use in the project. The terms of the deal require XYZ to pay Ruby Marketing either $15,000 in 1 year if the project is pursued or $20,000 in 1 year if the project is not pursued Relevant net income for the claw machine project in year 1 is expected to be $29,000. What is the tax rate expected to be in year 17 a. A rate less than 40.00 or a rate equal to or greater than 60.004 b. A rate equal to or greater than 40.00% but less than 45.000 C. A rate equal to or greater than 45.00% but less than 50.00% d. A rate equal to or greater than 50.00% but less than 55.00% e. A rate equal to or greater than 55.00% but less than 60.00%