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A piece of newly purchased industrial equipment costs $1,000,000. It is Class 8 property with a CCA rate of 20%. Calculate the annual CCA and

A piece of newly purchased industrial equipment costs $1,000,000. It is Class 8 property with a CCA rate of 20%.

Calculate the annual CCA and end-of-year book values (UCC) for the first five years. (Omit $ sign in your response.)

Year CCA Ending UCC
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $

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