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CCA and UCC (LO5) Our new computer system cost us $100,000. We will outgrow it in five years. When we sell it, we will probably

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CCA and UCC (LO5) Our new computer system cost us $100,000. We will outgrow 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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