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The Nissen Company has a taxation year end of December 31. On january 1, taxation year the UCC of Class 10 was $60,000. The Nissen

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The Nissen Company has a taxation year end of December 31. On january 1, taxation year the UCC of Class 10 was $60,000. The Nissen Company has a policy of always deducting maximum CCA. Calculate the maximum CCA or minimum UCC in the following situations (each situation is independent): Remember that CCA is an optional amount meaning that a taxpayer can choose CCA of anywhere between zero and the amount calculated. The maximum CCA would be the amount calculated, which would result in the lowest UCC at the ending of the year: C. An asset with a capital cost of $100,000 was sold june 30 for $80,000. An asset was purchased for $60,000. Maximum CCA for Class 10 is: D. The last asset in the class, with a capital cost of $105,000 ws sold on August 1 for $40,000. This would give rise to: E. The last asset in the class, with a capital cost of $105,000 was sold on july 15 for $125,000. This would give rise to: A. An asset was purchased on April 1 for $10,000. Minimum UCC at December 31 is B. An asset was purchased on April 1 for $10,000. Maximum CCA is

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