Question

Tina’s Business Inc. purchases one machine in its first year of business for $750,000. In year 2, it purchases another machine for $625,000. The CCA rate for these assets is 30 percent.
a. Find the beginning UCC, CCA, and ending UCC in years 1 to 3 for the first machine.
b. Find the beginning UCC, CCA, and ending UCC in years 2 and 3 for the second machine.
c. Find the UCC at the end of year 3 for both machines in total.



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  • CreatedFebruary 25, 2015
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