Green Gardens Inc.purchased a piece of Class 8 machinery in 20x0.The cost of the machine was $5,000.In 20x2,the machine was sold for proceeds of $2,000 and there were no other purchases or disposals during the year.The UCC in the Class 8 pool was $5,500 at the beginning of 20x2.What is the UCC of this class at the end of 20x2?

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The Answer of Green Gardens Inc.purchased a piece of Class 8 machinery in 20x0.The cost of the machine was $5,000.In 20x2,the machine was sold for proceeds of $2,000 and there were no other purchases or disposals during the year.The UCC in the Class 8 pool was $5,500 at the beginning of 20x2.What is the UCC of this class at the end of 20x2?