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Equipment was purchased 4 years ago for $600,000. Depreciation is calculated 15% and 25% straight-line for accounting purposes and tax purposes respectively. Calculate the: Carrying

Equipment was purchased 4 years ago for $600,000. Depreciation is calculated 15% and 25% straight-line for accounting purposes and tax purposes respectively. Calculate the: Carrying Amount

Tax Base

Taxable Temp Difference / Deductible Temp Difference

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