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1) D sold a depreciable asset for $40,000. It was the only asset in the capital cost allowance class. The undepreciated capital cost was $55,000

1) D sold a depreciable asset for $40,000. It was the only asset in the capital cost allowance class. The undepreciated capital cost was $55,000 at the time of the sale. The asset cost $60,000 when it...

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