Question: Our new computer system cost us $ 1 5 7 , 6 0 0 . We will outgrow it in five years. When we sell

Our new computer system cost us $157,600. We will outgrow it in five years. When we sell it, we will probably get only 10% of the
urchase price. CCA on the computer will be calculated at a 30% rate (Class 10).
alculate the CCA and UCC values for five years. (Round your intermediate calculations and final answers to 2 decimal places. Omit
sign in your response.)
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
esponse.)
How did they get year 1 CAA and others
Our new computer system cost us $157,600. We will outgrow it

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