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Kinetics Inc. purchased Class 8 equipment (20% CCA Rate) for $10,000 on July 23, 2014. Opening UCC for Class 8 in 2014 was $13,000. Kinnetics
Kinetics Inc. purchased Class 8 equipment (20% CCA Rate) for $10,000 on July 23, 2014. Opening UCC for Class 8 in 2014 was $13,000. Kinnetics is subject to 40% taxation. Tax benefit from write-offs in 2014 is
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