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16. Firm X has just purchased a widjit maker for $150,000. The widjit maker is in the 15% CCA class, and the firm has a

16. Firm X has just purchased a widjit maker for $150,000. The widjit maker is in the 15% CCA class, and the firm has a 40% tax rate. The firm also expects to have $250,000 in revenues and $200,000 in operating expenses this year. Assuming that Firm X can make full use of any CCA tax benefit, what will the tax benefit of the CCA from the widjit maker be in the first year? a) $5,625 b) $11,250 c) $9,000 d) $4,500 e) None of the above

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