O 30% Question 14 (1 point) AA Corporation can purchase a gizmo machine that has an initial cost of $50,000. After being used for six years, the machine would be sold for $12,000. The machine is in a 30% CCA class. If the corporate tax rate is 35% and the appropriate cost of capital for the machine is 9%, what is the present value of the Capital Cost Allowance (CCA) tax shields associated with this machine? $9,732 $10,231 $10,424 $10,979 $11,535 Page 7 of 20 Previous Page Next Page