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A business purchased $80,000 of equipment classified as capital asset with a 25% CCA rate. The equipment qualifies for the Accelerated Investment Incentive. How
A business purchased $80,000 of equipment classified as capital asset with a 25% CCA rate. The equipment qualifies for the Accelerated Investment Incentive. How much CCA tax deduction can the business claim in the third year? Select one: a. $8,500 b. $9,375 c. $9,150 d. $8,750 e. $10,550
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
