Question: Our new computer system cost us $139,600, We will outgrow It In five years. When we sell It, we will probably get only 10% of

Our new computer system cost us $139,600, 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 CCA and UCC value for the first five years.

  1. CCA:$ UCC:$

2.CCA:$ UCC:$

3.CCA:$ UCC:$

4.CCA:$ UCC:$

5.CCA:$ UCC:$

Also calculate after tax proceeds if tax is 40%

After Tax proceeds: $

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