Accounting During 2002 an insurance broker with a December

Accounting During 2002 an insurance broker with a December 31 year-end invested in new assets as follows: Purchased four new automobiles for use by its salesforce. The costs of the automobiles were: $24,000 each for the first two, $45,000 for the third one, and $49,000 (a zero-emissions) for the fourth one. Purchased new computer hardware for $19,000. Purchased new computer software for $13,000. Made $150,000 of renovations to its leased main offices. The company is planning to renew its lease when it expires in five years. What is the total undepreciated capital cost (UCC) for these assets at the end of 2021?

 

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