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please answer asap Spherical Manufacturing recently spent $11 million to purchase some equipment used in the manufacture of disk drives. This equipment has a CCA
please answer asap
Spherical Manufacturing recently spent $11 million to purchase some equipment used in the manufacture of disk drives. This equipment has a CCA rate of 30% and Spherical's marginal corporate tax rate is 31%. What is the CCA tax shield for year 1? Assume the half-year rule applies. $511,500 $323,856 $578,202 $427,456 $532,605 Step by Step Solution
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