Problem 2-30 CCA and UCC (LOS)5Our new computer system cost us $146.800. We will outgrow it in fe years. When we sell it, we will probably get onlypurchase price. CCA on the computer will be usted at a 30% rate (Class 10(Round your intermediate calculations and final answers to 2 depedCalculate the CCA and UCC values for five years.S sign in your response)Tear12$$$$8OCAEnding DCC$S$$$What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% taxresponse.)After-tax proceeds

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5 Problem 2-30 CCA and UCC (LOS) Our new computer system cost us $146.900 we purchase price. CCA on the compute Calculate the CCA and UCC values for five years. S sign in your response) 1 2 $ B $ 6 ССА S $ $ S mediate calculations and final answers to 2 d What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% ta response.) After-tax proceeds

5 Problem 2-30 CCA and UCC (LOS) Our new computer system cost us $146.900 we purchase price. CCA on the compute Calculate the CCA and UCC values for five years. S sign in your response) 1 2 $ B $ 6 ССА S $ $ S mediate calculations and final answers to 2 d What will be the after-tax proceeds from the sale assuming the asset pool remains open? Assume a 40% ta response.) After-tax proceeds

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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es Problem 2-30 CCA and UCC (LO5) Our new computer system cost us $161,200. 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 Ending UCC $ $ $ $ $ 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
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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