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KLM Corporation Statement of financial positions as of December 31, 2008 and 2009 a)Calculate CFFA according to both approaches. Show all the necessary steps with

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KLM Corporation Statement of financial positions as of December 31, 2008 and 2009 a)Calculate CFFA according to both approaches. Show all the necessary steps with the calculations ( 50 marks) b) Discuss in detail the concepts of capital gains, CCA recapture and terminal loss in relation to the concept of depreciation and taxes (50 marks)

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