New Brunswick Metalworks is evaluating a $100 000 polishing machine (CCA class 8). Services provided by the machine are expected to bring $15 000 per year in value over the next five years. Operating costs are expected to be $1 000 per year. Calculate the amount of taxes paid in each of the next five years of service life under the corporate tax rate of 40%.

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The Answer of New Brunswick Metalworks is evaluating a $100 000 polishing machine (CCA class 8). Services provided by the machine are expected to bring $15 000 per year in value over the next five years. Operating costs are expected to be $1 000 per year. Calculate the amount of taxes paid in each of the next five years of service life under the corporate tax rate of 40%.

New Brunswick Metalworks Is Evaluating a $100 000 Polishing Machine