You Just Purchased Some Equipment That Belongs in a 25

Multiple Choice

You just purchased some equipment that belongs in a 25% CCA class. The equipment cost $67,601. What will the book value of this equipment be at the end of three years should you decide to resell the equipment at that point in time?

A) $19,468.80
B) $20,280.20
C) $33,271.88
D) $48,131.20
E) $48,672.00