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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

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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
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
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