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Posted on Jul 19, 2024

Eric is a resident individual taxpayer. He has a general small business pool with an opening balance of $ 3 5 0 1 0 .

Eric is a resident individual taxpayer. He has a general small business pool with an opening balance of $

35010 .

During the year, he purchased a computer system with an effective life of

6

years for $

7500

and sold a piece of equipment from the asset pool for $

35100 .

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