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The Monumental Co . is considering purchasing a piece of equipment costing $ 6 4 2 , 0 0 0 . The equipment belongs in

The Monumental Co. is considering purchasing a piece of equipment costing $642,000. The equipment belongs in a 30% CCA class. What is the anticipated tax shield in year three on this equipment if the company is in the 34% marginal tax bracket?
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$22,799
$23,469
$32,087
$33,438
$38,963

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