Question: Spring ltd is purchasing 1200 grain bins at a cost of $54000 each. each bin also has $2500 delivery and installation cost and the bins

Spring ltd is purchasing 1200 grain bins at a cost of $54000 each. each bin also has $2500 delivery and installation cost and the bins have capital cost allowance CCA rate of 21.5% what will be the incremental underpreciated capital cost(UCC) for year 2?

Please show all your work and the breakdown of the formulas! Thank you

A) $39,375,500

B) $45,000,000

C) $56,875,750

D) $60,511,500

E) $25,625,750

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