The cost of an equipment is $300,000 and falls in asset Class 9 for CCA deprecation purpose. The depreciation rate of Class 9 assets is 25%. You intend to sell the equipment in 5 years for a salvage value of $40,000. At the time of sale, you still anticipate having other assets in the give asset class. Your tax rate is 35% and your discount rate is 14%. What is the present values of CCA tax shield?