Chrtien Brothers Salvage made several equipment purchases in the past decade. Its first asset was a tow truck bought in 2009 for $26,000. In
Chrtien Brothers Salvage made several equipment purchases in the past decade. Its first asset was a tow truck bought in 2009 for $26,000. In 2011 a van was purchased for $18,000. A second tow truck was bought in 2014 for $30,000, and the first one was sold the following year for $4000. Using a 30 percent CCA rate (automobiles, trucks, and vans), what was the balance of its UCC account at the end of 2016? Chrtien Brothers Salvage had a balance of $ in its UCC account at the end of 2016. (Do not round until the final answer. Then round to the nearest dollar as needed.)
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