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ABC Corp. spends $466,000 on new machinery for a new project. The machine falls into a 35% CCA class (half-year rule applies) and has a
ABC Corp. spends $466,000 on new machinery for a new project. The machine falls into a 35% CCA class (half-year rule applies) and has a 8-year useful life. The company expects to use the machine for two years and then sell it for $X, which is equivalent to the remaining UCC (undepreciated capital cost) at the end of year 2. What is $X? Question 5 Answer a. $196,885 b. $331,443 c. $134,558 d. $249,893 e. $317,171
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