The SINCO Ltd. purchased a piece of equipment in 2000. The UCC amounts for this equipment are as follows: Adjustments to UCC from purchases and Base UCC amounts for Year dispositions 2000 $200,000 CCA $100,000 2001 0 $175,000 CCA $25,000 $43.750 Remaining UCC $175,000 $131,250 2002 How much could the SINCO Ltd. claim for depreciation of this equipment in 2002? $62,500 $131,250 $40,250.50 $26,250 $32,812.50
The SINCO Ltd. purchased a piece of equipment in 2000. The UCC amounts for this equipment are as follows: Adjustments to UCC from purchases and Base UCC amounts for Year dispositions 2000 $200,000 CCA $100,000 2001 0 $175,000 CCA $25,000 $43.750 Remaining UCC $175,000 $131,250 2002 How much could the SINCO Ltd. claim for depreciation of this equipment in 2002? $62,500 $131,250 $40,250.50 $26,250 $32,812.50
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
do fast
![The SINCO Ltd. purchased a piece of equipment in 2000. The UCC amounts for this equipment are as follows:
Adjustments to
UCC from
purchases and
Base UCC
amounts for
Year
dispositions
2000
$200,000
CCA
$100,000
2001
0
$175,000
CCA
$25,000
$43.750
Remaining
UCC
$175,000
$131,250
2002
How much could the SINCO Ltd. claim for depreciation of this equipment in 2002?
$62,500
$131,250
$40,250.50
$26,250
$32,812.50](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F099ae06c-4d82-4ff5-a1c0-4aacfaa16f60%2Fb709e47f-a204-42da-97d4-bd001e63270d%2F0rmq2jj_processed.png&w=3840&q=75)
Transcribed Image Text:The SINCO Ltd. purchased a piece of equipment in 2000. The UCC amounts for this equipment are as follows:
Adjustments to
UCC from
purchases and
Base UCC
amounts for
Year
dispositions
2000
$200,000
CCA
$100,000
2001
0
$175,000
CCA
$25,000
$43.750
Remaining
UCC
$175,000
$131,250
2002
How much could the SINCO Ltd. claim for depreciation of this equipment in 2002?
$62,500
$131,250
$40,250.50
$26,250
$32,812.50
AI-Generated Solution
Unlock instant AI solutions
Tap the button
to generate a solution
Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education