1. A proposed cost-saving device has an installed cost of $99,200. It is in class 43 (30 percent rate) for CCA purposes. It will actually function for five years, at which time it will have no value. Calculate the UCC at the end of five years. Use the tabular approach to determine closing UCC for each of the years. Luckily if the the product is sold at the end of year 5 for $25,0000 determine the tax implication regarding the possibility of a terminal loss or a recapture?