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CCA and UCC ( LO 5 ) Our new computer system cost us $ 1 0 0 , 0 0 0 . We will outg

CCA and UCC (LO5) Our new computer system cost us $100,000. We will outg row it in
five years. When we sell it, we will probably get only 10% of the purchase price. CCA on
the computer will be calculated at a 30% rate (Class 10). Calculate the CCA and UCC
values for five years. What will be the after-tax proceeds from the sale assuming the asset
pool remains open? Assume a 40% tax rate.
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