Question: Kanata Construction specializes in large projects in Edmonton and Saskatoon. In 2021, Kanata invested $1.7 million in new excavating equipment, which qualifies for a CCA

Kanata Construction specializes in large projects in Edmonton and Saskatoon. In 2021, Kanata invested $1.7 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 $170,000. When it was purchased in 2018, the older equipment cost $440,000.

Calculate the UCC for the asset pool in each year from 2018 through 2022. (Round the final answers to 2 decimal places. Omit S sign in your response.)

Year

2018

2019

2020

2021

2022

CCA

Ending UCC

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