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The cost of the machine is $12,184. The CCA rate is 28%. After 8 years, the machine is sold for $846 which is less than
The cost of the machine is $12,184. The CCA rate is 28%. After 8 years, the machine is sold for $846 which is less than the UCC of the asset class. If there are other assets in the asset class, the discount rate is 10% and the tax rate is 37%, what is the present value of the CCA tax shield of this machine?
Please round your final answers to 4 decimal places Please provide the answer in decimal
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