Question: ( 1 ) Keep at least 4 decimal places for all calculations. ( 2 ) Round your final answers to 4 decimal places. For example,

(1) Keep at least 4 decimal places for all calculations.
(2) Round your final answers to 4 decimal places. For example, if your answer is -$1,234.56789, please enter -1234.5679.
(3) Do not enter your answers in percentage. All answers are in decimal. For example, if your answer is 12.34567%, please enter 0.1235.
The cost of the machine is $14,055. The CCA rate is 29%. After 9 years, the machine is sold for $2,180 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 9% and the tax rate is 35%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule)
PLEASE KEEP ANSWER TO 4 DECIMAL PLACES

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