Question
Athabasca Ag is purchasing 1,000 grain bins at a cost of $40,000 each. Each bin also has a $5,000 delivery and installation cost, and the
Athabasca Ag is purchasing 1,000 grain bins at a cost of $40,000 each. Each bin also has a $5,000 delivery and installation cost, and the bins have a capital cost allowance (CCA) rate of 25%. What will be the incremental undepreciated capital cost (UCC) for year 2?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
