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On 1 July 2016, equipment was acquired by Alamo Company at a cost of $100000. For accounting purposes, it has a useful life of four
On 1 July 2016, equipment was acquired by Alamo Company at a cost of $100000. For accounting purposes, it has a useful life of four years and there is no expected salvage value. For tax purposes, it can be depreciated at 20% peryear based on cost. What is the tax base calculation as at 30 June 2018 (two years later)
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