A firm purchases a Class 8 equipment for $1,000,000 (CCA Rate 20%) for a 10 year project. What will be the CCA tax shield in year 4?

E)

$144,000

can you show me the detailed step of this question?

the answer is A

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A firm purchases a Class 8 equipment for $1,000,000 (CCA Rate 20%) for a 10 year project. What will be the CCA tax shield in year 4? was first posted on May 11, 2023 at 10:58 am.
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