Transactions For Cca Class 8 Assets Date Item March 11 2002 Machine 1 April 24 2002 Machine 2 November 3 2005 Machin 1 (20.31 KiB) Viewed 52 times
Transactions for CCA Class 8 assets. Date Item March 11, 2002 Machine 1 April 24, 2002 Machine 2 November 3, 2005 Machine 3 November 22, 2005 Machine 1 May 20, 2009 Machine 4 August 3, 2014 Machine 5 September 12, 2015 Machine 3 Activity Purchase Purchase Purchase Sale Purchase Purchase Sale Amount $50,000 $150,000 $230,000 $10,000 $50,000 $345,000 $50,000 - X
Churchill Metal Products opened for business in 2002. Its transactions for CCA Class 8 assets over the years are shown in the accompanying table. What CCA amount did Churchill Metal Products claim for the 20 percent UCC account in 2016? Click on the icon to view the transactions for CCA Class 8 assets. Churchill Metal Products claimed a CCA of $ in 2016. (Do not round until the final answer. Then round to the nearest dollar as needed.)
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