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Daniel Roberts Company just paid $5,000 for a machine which belongs to a class with CCA rate of 30 percent. If the company's marginal tax
Daniel Roberts Company just paid $5,000 for a machine which belongs to a class with CCA rate of 30 percent. If the company's marginal tax rate is 35 percent, what is the annual CCA tax shield that the company will have at the end of year 3? (Assume the half-year rule applies.)
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