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Concord Corp. purchased depreciable assets costing $24,600 on January 2, 2020. For tax purposes, the company uses CCA in a class that has a

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Concord Corp. purchased depreciable assets costing $24,600 on January 2, 2020. For tax purposes, the company uses CCA in a class that has a 30% rate. For financial reporting purposes, the company uses straight-line depreciation over five years. The enacted tax rate is 25% for all years. This depreciation difference is the only reversing difference the company has. Calculate the amount of capital cost allowance and depreciation expense from 2020 to 2024, as well as the corresponding balances for the carrying amount and undepreciated capital cost of the depreciable assets at the end of each of the years 2020 to 2024. Assume that these assets are considered "eligible equipment" for purposes of Accelerated Investment Incentive (under the All, instead of using the half-year rule, companies are allowed a first-year deduction using 1.5 times the standard CCA rate). (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45). Round answers to O decimal places, eg. 5,275.) CCA Year Base CCA Rate (A) 2020 $ 24,600 45 % $ 2021 2022 2023 2024 13,530 30 % 30 % 30 % 30 % 11,070 4,059 UCC

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