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The cost of the machine is $ 1 3 , 1 9 6 . The CCA rate is 2 3 % . After 1 2

The cost of the machine is $

13, 196 .

The CCA rate is

23 % .

After

12

years, the machine is sold for $

905 .

If it is the only asset in the asset class and the tax rate is

39 %,

what is the TRTL

? (

Assume

150 % -

rule; TRTL

=

Tax on Recapture or Terminal Loss, see slide

10

of CCA

)

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