Please include as much steps as you can

Question 5 A company purchased new casting equipment at a cost of $250,000. The company also paid an extra $70,000 in necessary costs to have the equipment delivered and installed. The casting machine has an estimated service life of 10 years, and it will be depreciated at a CCA rate = 25%. a] What is the Cost Basis of the casting equipment? b] What will be the CCA amount each year for the service life of the casting equipment? Hint: the half-year rule applies by default