Spherical Manufacturing recently spent $12 milion to purchase some equipment used in the manufacture of disk drives. This equipment has a cCA rale of 30% and Sphericals marginal corporale tax rate is 28% a. What are the annwal CCA deductions associated with this equipment for the first five years? b. What are the annual CCA tax stields loc the frst five years? c. What is the present value of the first five CCA tax shields if the approprate discount rate is 10% per year? d. What is the present value of all the CCA tax shields assuming the equiment is never sold and the appropriate ditcount rate is 10 ses per yoan? 6. How might your answer to part (d) change it Spherical anfipates that its marghal corporate tax rate will increase subitantialy over the nexd five years? a. What are the annual CCA deductions associated with this equigment for the trat five years? The CCA deduction for year 1 is 1 (Round to the nearest dolic)