Question: * Keep at least 4 decimal places for all calculations. * The cost of the machine is $ 1 2 , 9 7 2 .

*Keep at least 4 decimal places for all calculations.* The cost of the machine is $12,972. The CCA rate is 25%. After 9 years, the machine is sold for $2,208 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 7% and the tax rate is 40%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule)

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