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Below presented table shows purchases of new capital assets by a small business and formation of its Undepreciated Capital Cost (UCC) account Year Purchases of

Below presented table shows purchases of new capital assets by a small business and formation of its Undepreciated Capital Cost (UCC) account

Year Purchases of new capital assets CCA UCC
1 $2,000 $300 $1,700
2 $1,000 $810 $1,890
3 $3,000

If this business is subject to a 10.5% tax rate and its MARR is 2%, what is the business's UCC at the end of the 3rd year?

(Present your answer in dollars without the $ sign)

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