Kanata Construction specializes in large projects in Edmonton and Saskatoon. In 2017, Kanata invested $1.5 million in

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Kanata Construction specializes in large projects in Edmonton and Saskatoon. In 2017, Kanata invested $1.5 million in new excavating equipment, which qualifies for a CCA rate of 50%. At the same time the firm sold some older equipment on the secondhand market for $145,000. When it was purchased in 2014, the older equipment cost $340,000. Calculate the UCC for the asset pool in each year from 2014 through 2018.

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Fundamentals Of Corporate Finance

ISBN: 9781259654756

10th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway

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