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Part A: Compute Brutus Industries' minimum 2018 net income from business following the rules set out in the Income TaxAct. If you omit any of
Part A: Compute Brutus Industries' minimum 2018 net income from business following the rules set out in the Income TaxAct. If you omit any of the items noted in the question from your calculations, you must provide a brief explanation, and the amount involved, to receive any marks. (19 marks) Part B: Prepare a Capital Cost Allowance Schedule. (19 marks) Part C: Calculate the corporation's taxable Income. (4 marks)
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