Economics

The Undepreciated Capital Cost balance for a transportation company's automobile fleet at the end of 2012 was $10,000. At that time, there was one truck in service. The company purchased two trucks for a total of $50,000 at the beginning of 2013. At the beginning of 2015, it purchased another truck for $20,000. At the beginning of 2016, the truck owned in 2012 was sold for $3,000. The CCA rate for automobiles is 30%. What is the firm's UCC balance at the end of 2016?