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If a company purchased an asset with an installed cost of $2,000,000 and it qualifies for a 20% CCA rate, what is the beginning UCC

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If a company purchased an asset with an installed cost of $2,000,000 and it 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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