Question 1 Palladium Ltd. purchased new machinery worth $960,000. The machine will allow the company to increase production by 54,000 units per year at $35 per unit. Variable costs per unit are nine dollars and the fixed costs per year are $100,000. The machinery is valued to be worth $59,000 after 7 years. Depreciation using the straight-line method. The required rate of return on the project using this machinery is 10% and a marginal tax rate of 24% is applicable to the company. a) Develop the Pro-Forma Statement of Comprehensive Income for the next year. (8 points) (b) If the CCA rate applicable on the machinery is 20%, compute the present value of the CCA tax shield for the machinery. (5 poin estion