A proposed cost-saving device has an installed cost of $610,000. It is in Class 8 (CCA ra function for five years, at which time It will have no value. There are no working capital rate is 35%. a. What must the pre-tax cost savings be for us to favour the investment? We require an problem of setting a bid price.) (Do not round your intermediate calculations. Round t sign in your response.) Cost savings $ b. Suppose the device will be worth $85,000 in salvage (before taxes). How does this intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in Cost savings $ A proposed cost-saving device has an installed cost of $610,000. It is in Class 8 (CCA ra function for five years, at which time It will have no value. There are no working capital rate is 35%. a. What must the pre-tax cost savings be for us to favour the investment? We require an problem of setting a bid price.) (Do not round your intermediate calculations. Round t sign in your response.) Cost savings $ b. Suppose the device will be worth $85,000 in salvage (before taxes). How does this intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in Cost savings $