Question: CCA Ending UCC 1 2 $ Our new computer system cost us $ 1 2 1 , 6 0 0 . We will outgrow it

CCA
Ending UCC
1
2
$
Our new computer system cost us $121,600. We will outgrow it in five years. When we sell it, we will probably get only 10% of the
purchase price. CCA on the computer will be calculated at a 30% rate (Class 10).
Calculate the CCA and UCC values for five years. (Round your intermediate calculations and final answers to 2 decimal places. Omit
$ sign in your response.)
Year
3
$
4
5
$
$
$
$
$
What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% tax rate. (Omit $ sign in your
response.)
After-tax proceeds

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