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Chrtien Brothers Salvage made several equipment purchases in the past decade. Its first asset was a tow truck bought in 2006 for $25 000. In
Chrtien Brothers Salvage made several equipment purchases in the past decade. Its first asset was a tow truck bought in 2006 for $25 000. In 2011, a van was purchased for $14 000. A second tow truck was bought in 2014 for $28 000, and the first one was sold the following year for $5000. Using a 30 percent CCA rate (automobiles, trucks, and vans), what was the balance of its UCC account at the end of 2016? Show your calculations
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