You purchase a machine for $$22,000$ which belongs in a $30\%$ CCA class. What is the present value of the CCA tax shield on the machine if it is sold at the end of the third year for $$6,000,$ your tax rate is $34\%,$ and the appropriate discount rate is $15\%?$

Question $3$Select one:

a$.$

$$5,623$

b$.$

$$5,011$

c$.$

$$1,014$

d$.$

$$6,994$

e$.$

$$4,418$