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A proposed saving device has an installed cost of $ is in Class CCA A rete = 2 0 % CCA purposes It will

A proposed saving device has an installed cost of $ is in Class CCA A rete=20\% CCA purposes It will actually for years at which it will have no value There are no working capital consequences from the investment , and the tax What must the pre tax cost savings be for us to favour the investment ? We require an 12% return Hint This one is a variation on the problem of a bid price)( not round your intermediate calculations Round the final answer to 2 decimal places Omit in your response ) Cost savings Suppose the device will be worth $83,000 in (before taxes) How does this change your answer ?(Do not round your Round the answer to 2 decimal places Omit $ sign in your response ) savings

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