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In 2020, Kanya Construction bought a new equipment priced $528,055. Kanya trade in the old equipment for $116,493. The new equipment qualified for a CCA

In 2020, Kanya Construction bought a new equipment priced $528,055. Kanya trade in the old equipment for $116,493. The new equipment qualified for a CCA class with a rate of 37%. There was no previous equipment under this class. Compute the beginning UCC amount of this class in 2021?

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