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Spherical Manufacturing recently spent 18 million to purchase some equpmont used in the misticufacture of disk drives. This equipment has a CCA tato of 49%

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Spherical Manufacturing recently spent 18 million to purchase some equpmont used in the misticufacture of disk drives. This equipment has a CCA tato of 49% and Spherica's marginal corporate tax tate is 38% a. What are the annunt CCA deductions associated with this equipment for the best five years? b. What are the annual CCA tax stields for the first five years? c. What is the present value of the first tive CCA tax Shieldsid the appropriate discount rate is 12 per year? d. What is the present value of all the CCA tax Shields assuming the equiment is never sold and the appropriate discount rate is 12% per year? e. How might your answer to part (d) change i Spherical anticipates that its marginal corporate tax rate will increase substantially over the next five years? a. What to the annual CCA deductions associated with this equipment for the first five years? The CCA deduction for your 1 (Round to the nearest dollar)

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