Sohorical Manutacturng tecently spent $10 milich to purchase some equipment used in the manufacture of divk dives. This equipmont has e cCA rate of 30 s and 5 phericar's marginal corporate tax rate is 32%. a. What are the annual CCA deductions associated wath this equipenent for the flest five years? b. What are the annaar CCA tax shields for the frat five years? c. What is the present value of the frut five CCA tax shields if the apprograte discount rate is 10% por year? d. What is the present value of all the CCA tax ahiolds assuming the equimhnt is never sold and the appeopriate discount rase is 10N per yoar? - How might your answer to part (d) change it 5 pherical anticipates that its marginal copporate tax rate will increase substantaty over the next five years? a. What are the annua CCA deductons assoclased wth this oquipment for the first fve years? The CCA deduction for year 1 as 5 (Round to the nearost dolav.) The CCA deduction for year 2 is 1 (Round to the nearest dotar)