Problem
Textbook: Engineering Economic Analysis, Third Canadian Edition. D. Newnan, J. Whittaker, T. Eschenbach, J. Lavelle. Oxford University Press. Please provide all the formulas used and an example of how to use them, in case of solving part of the problem with Excel. If necessary, check the official CRA website.
Your company purchases a data network infrastructure equipment 4 years ago (2013) for $80,000 and paid an additional $15,000 for the systems software and extended warranty. Five years later the entire system and the operating software are sold for $9,000. Compute the CCA depreciation amounts for each year assuming that this asset belongs to Class 46.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.