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Kanata Construction specializes in large projects in Edmonton and Saskatoon. In 2021, Kanata invested $1.8 million in new excavating equipment, which qualifies for a CCA
Kanata Construction specializes in large projects in Edmonton and Saskatoon. In 2021, Kanata invested $1.8 million in new excavating equipment, which qualifies for a CCA rate of 50%. At the same time the firm sold some older equipment on the secondhand market for $220,000. When it was purchased in 2018 , the older equipment cost $640.000. Calculate the UCC for the asset pool in each year from 2018 through 2022. fRound the finat answers to 2 decimal places. Omit $ sign in your response.)
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