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A $40,000 Asset Was Purchased and Classified as a Class

Question 158

Multiple Choice

A $40,000 asset was purchased and classified as a Class 10 asset for CCA purposes. If the CCA rate is 30%, calculate UCC for the end of year 5.


A) $4,929
B) $5,030
C) $6,141
D) $7,252
E) $8,163

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