Question: Our new computer system cost us $100,000. We will outgrow it in five years. When we sell it, we will probably get only 20% of

Our new computer system cost us $100,000. We will outgrow

it in five years. When we sell it, we will probably get only 20% 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. What will be the after-tax proceeds from the sale

assuming the asset class is continued? Assume a 40% tax rate.

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