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ABC Corporation purchased a long - term asset for $ 8 0 , 0 0 0 . The asset has a 1 0 % CCA

ABC Corporation purchased a long $-$ term asset for $ $80, 000 .$ The asset has a $10 %$ CCA rate. At the end of

year $5,$ ABC sold the asset for $10, 000 .$ Given this information, calculate annual CCA and determine the

value of the terminal loss or recapture at the end of year $5 .$

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ABC Corporation purchased a long - term asset for $ 8 0 , 0 0 0 . The asset has a 1 0 % CCA

ABC Corporation purchased a long-term asset for $80,000. The asset has a 10% CCA rate. At the end of year 5, ABC sold the asset for 10,000. Given this information, calculate annual CCA and determine the value of the terminal loss or recapture at the end of year 5.

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ABC Corporation purchased a long $-$ term asset for $ $80, 000 .$ The asset has a $10 %$ CCA rate. At the end of

year $5,$ ABC sold the asset for $10, 000 .$ Given this information, calculate annual CCA and determine the

value of the terminal loss or recapture at the end of year $5 .$