A Bakery Invests $30,000 in a Light Delivery Truck

A bakery invests $30,000 in a light delivery truck.The truck belongs to asset class 10 and has a capital cost allowance (CCA) rate of 30%.If the company sold it immediately after the end of year 2 for $22,000,what would be the present value of the overall CCA tax shields,given a tax rate of 40% and a cost of capital of 8%?

A) $5,184
B) $8,122
C) $9,123
D) $3,167
E) $6,947