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

For numerical answers:
(1) Keep at least 4 decimal places for all calculations.
(2) Round your final answers to4decimal 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 is12.34567%, please enter0.1235.
Question: The cost of the machine is $11,064. The CCA rate is 22%. After 9 years, the machine is sold for $537. If it is the only asset in the asset class and the tax rate is 34%, what is the TRTL?(Assume 150%-rule; TRTL = Tax on Recapture or Terminal Loss, see slide 10 of CCA)

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