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Please show all the formulas used and the calculations and not only an excel table 8.34 Otto-Rentals Ltd. is setting up a new car rental

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8.34 Otto-Rentals Ltd. is setting up a new car rental operation. In the first year they purchase 12 vehicles for a total of $296,000. In year 2, they buy two more vehi- cles for $54,000. In year 3, they sell four vehicles for $58,000, and buy five new cars for $142,000. In year 4, they sell three vehicles for $32,000. These vehicles belong in CCA Class 16. Using columns similar to Schedule 8 (Figure 8.6), calculate the CCA and UCC for the four years for this pool of vehicles

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