Question: Plz answer for up to 4 decimal places. The cost of the machine is $14,426. The CCA rate is 27%. After 10 years, the machine

Plz answer for up to 4 decimal places.

The cost of the machine is $14,426. The CCA rate is 27%. After 10 years, the machine is sold for $1,302 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 10% and the tax rate is 33%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule)

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