Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have solved part 1 and 2 but couldn't find the right answer for the third part which is the asset's tax value. please note

I have solved part 1 and 2 but couldn't find the right answer for the third part which is the asset's tax value. please note if your final the answer is one of these numbers 70,687 or 62,484 then it's WRONG.
part one image text in transcribed
image text in transcribed
part 2
image text in transcribed
part 3
image text in transcribed
2 Retivity mathot taied os butain 5. Cch Gast R.20lk 1 Striahtilie nothed Prarate June 2017 and 2002 to ha f a monh 2. Acterify rathed besed an putbut 2Aatici method tawe or iraut 5. cC2, Caaa Liachy What is the machine's carrying amount on the October 31,2020 statement of financial position under the first four methods above? (Round answers to O decimal places, eg. 5, 275) Calculate the asset's tax value on October 21.2020 assuming CCA Class di with a rate of 20x (Round anwwer to 0 decimal ploces es. 5.275 ). The asset's taxvalue on October 31,2020

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Finance For Dummies

Authors: Michael Taillard

2nd Edition

1119850312, 978-1119850311

More Books

Students also viewed these Finance questions