Question: Please answer with detailed working Please use commas and dollar sign in each figure Your company purchased new equipment on the dates and for the

Please answer with detailed working

Please use commas and dollar sign in each figure

Your company purchased new equipment on the dates and for the costs specified as follows: Purchase Price Salvage Value 01 May 2010 $42000 $15000 01 Nov 2011 $28000 $10000 01 Jan 2012 $38000 $15000 (a) Using straight line depreciation with 10 year depreciable lifetimes, calculate the total book value (BV) of your equipment at the end of 2012. BV 2012 = $ 91000.00 (b) Using a CCA rate of 30%, calculate the undepreciated capital cost (UCC) of your equipment at the end of 2012. UCC2012=$ 57484.00

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