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Use the Information for the Question(s)below

question 84

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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) . 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 depreciation tax shield for the Shepard Industries project in year two is closest to: A) $59 million. B) $196 million. C) $50 million. D) $96 million.
-The depreciation tax shield for the Shepard Industries project in year two is closest to:


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