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The cost of the machine is $ 1 4 , 3 2 1 . The CCA rate is 2 6 % . After 8 years,

The cost of the machine is $14,321. The CCA rate is 26%. After 8 years, the machine is sold for $2,287 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 8% and the tax rate is 34%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule)
Please round solution to 4 decimal places. Thank you in advance!

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