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Question: Calculate the amount of depreciation and CCA (capital cost allowance) on following non current assets for 5 years. (5 points) 1) Equipment - Starting

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Question: Calculate the amount of depreciation and CCA (capital cost allowance) on following non current assets for 5 years. (5 points) 1) Equipment - Starting balance $125,000 (Depreciation 25% and CCA 40% ) 2 points 2) Vehicle - Starting balance $35,000 (Depreciation 20% and CCA 30% ) 2 points Calculate future income taxes payable for 5 years combined on equipment and vehicle. 34% income tax rate. (1 point)

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