You are considering adding a microbrewery on to one of your restaurant. This will entail an investment of $40,000 in new equipment. The atx regulations will permit you to depreciate the equipment on a straight line basis over five years. If your firm's corporate tax rate is 35%, what is the value of the microbrewery's depreciation tax shield (your tax savings) in the first year of operation?

A. $0 B. $14,000 C. $20,000 D. $26,000