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Our new computer system cost us $103,600. We will outgrow it in five years. When we sell it, we will probably get only 10% of

Our new computer system cost us $103,600. We will outgrow it in five years. When we sell it, we will probably get only 10% 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 your intermediate calculations and final answers to 2 decimal places. Omit $ sign in your response.)

finish table

Year CCA Ending UCC
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $

What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% tax rate. (Omit $ sign in your response.)

After-tax proceeds $

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