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(Solved): C Enterprises has a business calendar year ending, December 31st. The business has the following inf ...



C Enterprises has a business calendar year ending, December 31st. The business has the following information about its depreciable properties at the beginning of 2021:

Type of Asset Beginning UCC CCA Rate
Class 1 Building 180,000.00 4%
Class 10 Vehicles 22,000.00 30%

Compute the Capital Cost Allowance of Class 10 - Vehicles if C enterprises sold ALL the assets under this class for $13,000. Original Cost of the asset is $33,000. There'll be no remaining asset under this class by the end of the year.



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