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Your company purchased new equipment on the dates and for the costs specified as follows: Purchase Price Salvage Value $ 1 5 , 0 0

Your company purchased new equipment on the dates and for the costs specified as follows: Purchase Price Salvage Value $15,000 $10,000 $15,00001 May 201001 Nov 201101 Jan 2012 $45,000 $25,000 $35,000(a) Using straight line depreciation with 10 year depreciable lifetimes, calculate the total book value of your equipment at the end of 2012.(15 points)(b) Using a CCA rate of 30%, calculate the undepreciated capital cost of your equipment at the end of 2012.(15 points)

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