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Mike Inc. purchased equipment with a 20% CCA Rate for $20000 on July 18, 2019. Opening UCC for 2020 was $35000. Mike is subject to
Mike Inc. purchased equipment with a 20% CCA Rate for $20000 on July 18, 2019. Opening UCC for 2020 was $35000. Mike is subject to 35% taxation. During 2020, Mike sold equipment of the same class with UCC of $14000 and purchased another equipment of the same class for $7000. What is the Ending UCC in 2020
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