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Tori just purchased some equipment that belongs in a 35% CCA class. Tori's company has a corporate tax rate of 25%. The equipment cost $167,400.

Tori just purchased some equipment that belongs in a 35% CCA class. Tori's company has a corporate tax rate of 25%. The equipment cost $167,400. What will be the CCA tax shield for the equipment in year three?

Group of answer choices

$58,349

$119,189

$61,203

$7,855

$89,768

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