don't quite understand. Please show formulas. Question 3 1 / 1 point GEMTECH Ltd. is an engineering
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Question 3 1 / 1 point GEMTECH Ltd. is an engineering construction company. It purchased an excavator for $200 000 in 1999 and a bulldozer for $180 000 in 2000. The UCC for the changes in asset holdings due to the purchases of an excavator are as follows: Adjustments to UCC from Base UCC purchases and amounts dispositions for CCA $200 000 $100 000 CCA $20 000 Remaining UCC $180 000 Year 1999 2000 How much could the GEMTECH Ltd. claim as CCA in 2000? $36 000 $54 000 $90 000 $130 000 $270 000 Question 3 1 / 1 point GEMTECH Ltd. is an engineering construction company. It purchased an excavator for $200 000 in 1999 and a bulldozer for $180 000 in 2000. The UCC for the changes in asset holdings due to the purchases of an excavator are as follows: Adjustments to UCC from Base UCC purchases and amounts dispositions for CCA $200 000 $100 000 CCA $20 000 Remaining UCC $180 000 Year 1999 2000 How much could the GEMTECH Ltd. claim as CCA in 2000? $36 000 $54 000 $90 000 $130 000 $270 000
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Related Book For
Accounting and Finance An Introduction
ISBN: 978-1292088297
8th edition
Authors: Peter Atrill, Eddie McLaney
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