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A $40,000 asset was purchased and classified as a Class 10 asset for CCA purposes. If the CCA rate is 30%, calculate UCC for the

A $40,000 asset was purchased and classified as a Class 10 asset for CCA purposes. If the CCA rate is 30%, calculate UCC for the end of year 3. (The first-year rule should be applied in this question)

Select one:

A. $15,800

B. $16,660

C. $17,400

D. $18,300

E. $19,200

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