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Given the following information, determine the unrecovered depreciable basis: depreciable basis: $300,000; declining balance depreciation: 200%; cost recovery period: 7 years. A. $42,857 B. $85,714
Given the following information, determine the unrecovered depreciable basis: depreciable basis: $300,000; declining balance depreciation: 200%; cost recovery period: 7 years.
A. $42,857
B. $85,714
C. $214,286
D. $257,143
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