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Our new computer system cost us $100,000. We will outgrow it in five years. When we sell it, we will probably get only 20% of

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Our new computer system cost us $100,000. We will outgrow it in five years. When we sell it, we will probably get only 20% of the purchase price. CCA on the computer will be calculated at a 30% rate (Class 10). Calculate the CCA and UCC values for five years. (Round the final answers to 2 decimal places. Omit $ sign in your response.) Year CCA 15000 Ending UCC 85000 * 1 $ $ 2 $ 25500 $ 60000 x 3 $ 18000 x $ 42000 x X X X X 4 $ 12000 30000 x 5 $ 9000 $ 21000 x What will be the after-tax proceeds from the sale assuming the asset class is continued? Assume a 40% tax rate. (Round the final answers to 2 decimal places. Omit $ sign in your response.) After-tax proceeds $ 20400

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