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The cost of the machine is $12,082. The CCA rate is 29%. After 10 years, the machine is sold for $1,110 which is less than

The cost of the machine is $12,082. The CCA rate is 29%. After 10 years, the machine is sold for $1,110 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 keep at least 4 decimal places.

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