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The cost of the machine is $12,123. The CCA rate is 27%. After 8 years, the machine is sold for $2,177. If it is

The cost of the machine is $12,123. The CCA rate is 27%. After 8 years, the machine is sold for $2,177. If it is the only asset in the asset class and the tax rate is 37%, what is the TRTL? (Assume 150%-rule; TRTL = Tax on Recapture or Terminal Loss, see slide 10 of CCA)

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