Pronghorn Inc. is planning to purchase new, faster printers to replace its existing printers. The capital cost of the new printers = $276400. The...

Pronghorn Inc. is planning to purchase new, faster printers to replace its existing printers. The capital cost of the new printers = $276400. The current market price of the old printers = $45600. The applicable CCA rate (d) = 30%; the tax rate = 40%; and k = 20%. It is estimated that the new printers could last for 15 years. What is the second-year incremental CCA expense?

$70854

$53854

$65854

$58854