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ETU A company purchased an asset that has an installed cost of $1,000,000. The asset qualifies for a 20% CCA rate. What is the beginning

ETU

A company purchased an asset that has an installed cost of $1,000,000. The asset qualifies for a 20% CCA rate. What is the beginning UCC for year 2?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50.

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