Question 15 (1 point) Which of the following is the best definition for capital cost allowance (CCA)? Depreciation method under Canadian tax law allowing for the accelerated write-off of property under various classifications. A cost that has already been incurred and cannot be removed and therefore should not be considered in an investment decision. Evaluation of a project based on the project's incremental cash flows. Financial statements projecting future years' operations. The most valuable alternative that is given up if a particular investment is undertaken. Question 14 (1 point) Given the following information and assuming a 20% CCA class, what is the NPV for this project? Initial investment in fixed assets = $800,000; initial investment in net working capital =$200,000; life = four years; after-tax cost savings =$250,000 per year; salvage value =$30,000; tax rate =35%; discount rate =16%. $95,101 $105,967 $147,261 $87,098 $31,732