Hull Small Business Is Considering an Expansion Project That Requires

question 69

Multiple Choice

Hull Small Business is considering an expansion project that requires $135,000 for the purchase of capital assets and $35,000 for additional inventory.The project will generate after-tax operating income of $50,000 per year.The project has a five-year economic life and a CCA rate of 20%.What is the ending UCC upon termination of the project assuming accelerated investment incentive is applicable for CCA in year 1?

• A)$38,707
• B)$49,766
• C)$55,706
• D)$62,669

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