You Purchase a Machine for $22,000 Which Belongs in a 30

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%?

A) $1,014
B) $3,510
C) $5,011
D) $5,623
E) $6,994