Montcalm Company is evaluating the purchase of a new machine that costs $435,000, will have a CCA rate of 25%, an estimated useful life of 10 years and a $15,000 terminal disposal price. The company's marginal tax rate is 32%. It is estimated that the machine will increase before tax profits by $85,000 annually. Montcalm requires a 14% after tax rate of return. Based on the above information, calculate the tax shield. Multiple Choice $80,864 $81,118 $83,752 $84,417 None of the above