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).

a. Calculate the CCA and UCC values for five years.

b. 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.