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2. All Business Ltd. Is setting up a truck rental operation. They purchase ten trucks for a total of $850,000. In year 3, they buy
2. All Business Ltd. Is setting up a truck rental operation. They purchase ten trucks for a total of $850,000. In year 3, they buy two more trucks for $150,000. In year 5, they sell three trucks for $100,000 and buy four new trucks for $325,000. In year 6, they sell three trucks for $85,000. These trucks belon to CCA Class 16 (CCA rate of 40%). Calculate the CCA and UCC for the six years for this pool of trucks (Use Table from Class Notes 8)
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