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cost of the tower's removal. ecember 20X6 and 20X7. Assume that dhd the decommissioning gingchame misig ismindoba A9-16 Decommissioning Obligation (L09.3): poses CC Recyclo Inc
cost of the tower's removal. ecember 20X6 and 20X7. Assume that dhd the decommissioning gingchame misig ismindoba A9-16 Decommissioning Obligation (L09.3): poses CC Recyclo Inc (CCRI) is a recycling manufacturer that melts down used plastic and repur- them into new materials. CCRI has a factory (and land) located just outside of London, Ontario. On 5 January 20X1, new environmental legislation was passed requiring CC Recyclo Inc (CCRI) to perform environmental remediation to the land where they operate their recyc ling facility. The remediation will ensure that the land does not contaminate the water supply, wildlife, and other nearby farming activities. After a detailed review of the legislation, CCRI determined that the best course of action will be to dismantle part of their current factory and rebuild on another section of the property. The remediation is currently planned to begin in t early 20X16. CCRI estimates that the total remediation will be $37.5 million. Assume that CCRI has determined that the p
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