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Suppose your firm is considering buying a van costing $95.000 What is the undepreciated capital cost (UCC) for the van after five years. Note the

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Suppose your firm is considering buying a van costing $95.000 What is the undepreciated capital cost (UCC) for the van after five years. Note the van falls in class to with a 30 percent. CCA rate Use the tabular approach when calculating the UCC after Five years a) Calculate the UCC at the end of year 5 b) It the Van is sold at $4500 at the end of 5 years, what is the tax implication what rame is assigned to this tax implication? c) If the Van is sold at $55.000 at the end of 5 years, what is the tax Implication? what name is assigned to this tax implication? A- B 1 Ini SS

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