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Over the next few years, your firm buys and sells assets in CRA class 10, which has a depreciation rate of d = 30%. Your

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Over the next few years, your firm buys and sells assets in CRA class 10, which has a depreciation rate of d = 30%. Your corporate tax rate is t = 25%. Assume your firm claims the maximum CCA each year. Use the following information to fill in the table below: Asset A is bought in 2017 for $2,500 and sold in 2019 for $1,000. Asset B is bought in 2019 for $2,500 and sold in 2020 for $1,500. Assets A and B are the only Class 10 assets your firm owns. If you correctly fill out the following table, what is the value in the bottom right cell (Remaining UCC in 2020)? Year Adjustments to UCC From Base UCC Amount for Capital Cost Remaining Purchases and Dispositions Capital Cost Allowance Allowance UCC 2017 2018 2019 2020 Select one: a. $190.06 b. $835.25 C. $692.16 d. $327.88 e. $571.38 Over the next few years, your firm buys and sells assets in CRA class 10, which has a depreciation rate of d = 30%. Your corporate tax rate is t = 25%. Assume your firm claims the maximum CCA each year. Use the following information to fill in the table below: Asset A is bought in 2017 for $2,500 and sold in 2019 for $1,000. Asset B is bought in 2019 for $2,500 and sold in 2020 for $1,500. Assets A and B are the only Class 10 assets your firm owns. If you correctly fill out the following table, what is the value in the bottom right cell (Remaining UCC in 2020)? Year Adjustments to UCC From Base UCC Amount for Capital Cost Remaining Purchases and Dispositions Capital Cost Allowance Allowance UCC 2017 2018 2019 2020 Select one: a. $190.06 b. $835.25 C. $692.16 d. $327.88 e. $571.38

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