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A manufacturing company has decided to purchase equipment that has an initial cost of ( $ 540,500 ). For tax puposes, the equipment is depreciated
A manufacturing company has decided to purchase equipment that has an initial cost of \\( \\$ 540,500 \\). For tax puposes, the equipment is depreciated using the Canadian Capital Cost Allowance method at a rate of \30. a) What is the depreication charge at the end of the \\( 5^{\\text {th }} \\) year? b) What is the Underpeciated Capital Cost after 5 years? c) How many years will it take for the Undepreciated Capital Cost of the equipment to be less than \8 of the original purchase price
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