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MotoSport is buying an asset that costs $ 7 3 0 , 0 0 0 and can be depreciated at 2 0 percent per year
MotoSport is buying an asset that costs $ and can be depreciated at percent per year Class over its eightyear life. The asset is to be used in a threeyear project; at the end of the project, the asset can be sold for $ The company faces a tax rate of The sale of this asset will close the asset class. What is the charge that Motosport can take as CCA in the third year of the asset?
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