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A company is considering the purchase of an equipment for $229,001. The equipment belongs in a 30% CCA class. The company expects that it will

A company is considering the purchase of an equipment for $229,001. The equipment belongs in a 30% CCA class. The company expects that it will be able to sell the equipment for $49,500 in four years' time. What is the present value of the CCA tax shield on this equipment if the tax rate is 34% and the relevant discount rate is 12%?

Question 9 options:

$41,203

$39,371

$58,316

$31,458

$44,995

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