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The cost of the machine is $ 1 4 , 4 7 5 . The CCA rate is 2 9 % . After 9 years,

The cost of the machine is $14,475. The CCA rate is 29%. After 9 years, the machine is sold for $719 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 7% and the tax rate is 39%, what is the present value of the CCA tax shield of this machine? (Assume 150%-rule).*Keep at least 4 decimal places for all calculations. Do not enter your answers in percentage. All answers are in decimal.*

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