Use the Information for the Question(s)below

question 30

Multiple Choice

Use the information for the question(s) below.
Shepard Industries is evaluating a proposal to expand its current distribution facilities.Management has projected the project will produce the following cash flows for the first two years (in millions) .
-The incremental EBIT for the Shepard Industries project in year one is closest to:

• A)$360 million.
• B)$750 million.
• C)$595 million.
• D)$510 million.