Question: Answers in chegg are wrong. Please post a detailed answer. Do) New Brunswick Metalworks is evaluating a $100000 polishing machine (CCA class 8. CCA rate

Answers in chegg are wrong. Please post a detailed answer.

Do) New Brunswick Metalworks is evaluating a $100000 polishing machine (CCA class 8. CCA rate is 20%). Services provided by the machine are expected to bring $ 28,449 per year in value over the next five years. Operating costs are expected to be $ 637 per year. Calculate the present worth of taxes paid in the second vear of service life under the corporate tax rate of 47 % and interest rate of 16% (Don't use the $ sign or coma in your answer; keep two decimal points) Zim

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