Problem 2-30 CCA and UCC (LO5) Our new computer system cost us $136,000. We will outgrow it in five years. When we sell it, we will probably get only 10% of the purchase price. CCA on the computer will be calculated at a 30% rate (Class 10). Calculate the CCA and UCC values for five years. (Round your intermediate calculations and final answers to 2 decimal places. Omit $ sign in your response.) Year 1 2 3 4 5 $ $ $ $ $ $ CCA 61200 Ending UCC $ 74800 $ $ $ $ What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% tax rate. (Omit $ sign in your response.) After-tax proceeds
Problem 2-30 CCA and UCC (LO5) Our new computer system cost us $136,000. We will outgrow it in five years. When we sell it, we will probably get only 10% of the purchase price. CCA on the computer will be calculated at a 30% rate (Class 10). Calculate the CCA and UCC values for five years. (Round your intermediate calculations and final answers to 2 decimal places. Omit $ sign in your response.) Year 1 2 3 4 5 $ $ $ $ $ $ CCA 61200 Ending UCC $ 74800 $ $ $ $ What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% tax rate. (Omit $ sign in your response.) After-tax proceeds
Chapter11: Capital Budgeting Decisions
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Problem 2-30 CCA and UCC (LO5)
Our new computer system cost us $136,000. We will outgrow it in five years. When we sell it, we will probably get only 10% of the
purchase price. CCA on the computer will be calculated at a 30% rate (Class 10).
Calculate the CCA and UCC values for five years. (Round your intermediate calculations and final answers to 2 decimal places. Omit
$ sign in your response.)
Year
1
2
3
4
5
$
$
$
$
$
$
CCA
61200
Ending UCC
$
74800
$
$
$
$
What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% tax rate. (Omit $ sign in your
response.)
After-tax proceeds](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8f6f18c0-9b85-4f2d-b559-f27c6f68b932%2Fde307875-27cd-4a32-b5a3-72361c472716%2Ft11bfuj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:es
Problem 2-30 CCA and UCC (LO5)
Our new computer system cost us $136,000. We will outgrow it in five years. When we sell it, we will probably get only 10% of the
purchase price. CCA on the computer will be calculated at a 30% rate (Class 10).
Calculate the CCA and UCC values for five years. (Round your intermediate calculations and final answers to 2 decimal places. Omit
$ sign in your response.)
Year
1
2
3
4
5
$
$
$
$
$
$
CCA
61200
Ending UCC
$
74800
$
$
$
$
What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% tax rate. (Omit $ sign in your
response.)
After-tax proceeds
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