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A fork lift was purchased for $100,000 and has a CCA rate of 10%. After 1 year you sell this fork lift for $105,000. How

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A fork lift was purchased for $100,000 and has a CCA rate of 10%. After 1 year you sell this fork lift for $105,000. How much tax do you pay (or do you save?) Tax Rate = 40% pay $2000 pay $3000 pay $4000 save $3000 save $4000

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