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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%

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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 Ending UCC 1 15000 $ 85000 2 25500 59500 3 $ 17850 $ 41650 4 12495 $ 29155 5 $ 8746.50 $ 20408.50 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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