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A manufacturing company has purchased three assets Asset Tvpe Lathe 50,000 12 43 4,000 DDB Photocopier 20,000 Item Buildin 1,000,000 40 Initial cost (S Book
"A manufacturing company has purchased three assets Asset Tvpe Lathe 50,000 12 43 4,000 DDB Photocopier 20,000 Item Buildin 1,000,000 40 Initial cost (S Book life (vears CCA class Salvage value (S Book depreciation 200,000 SL 1,000 SOYD (a) Calculate the book depreciation for each asset in the first two years. (b) Calculate the capital cost allowance for each asset in the first two years
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