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During the 2016 taxation year, a corporation sells a depreciable asset with a capital cost of $130,000 fo 140,0000. The asset had a net book

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During the 2016 taxation year, a corporation sells a depreciable asset with a capital cost of $130,000 fo 140,0000. The asset had a net book value in the accounting records of $112,000. It was not the last asset i lass 8 and, prior to the disposition, the UCC balance for Class 8 was $96,000. What is the amount of th djustments that will be required in the conversion of the corporation's Net Income For Tax Purposes to Taxabl ncome? A deduction of $28,000, an addition of $5,000, and an addition of $34,000. An addition of $5,000 and an addition of $34,000. An addition of $44,000. A deduction of $28,000 and an addition of $5,000

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