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QUESTION 28 In 2020, Kanya Construction bought a new equipment priced $969,885. Kanya trade in the old equipment for $126,980. The new equipment qualified for
QUESTION 28
- In 2020, Kanya Construction bought a new equipment priced $969,885. Kanya trade in the old equipment for $126,980. The new equipment qualified for a CCA class with a rate of 25%. There was no previous equipment under this class. Calculate the CCA amount that Kanya can claim in 2020. Round your answer to the nearest dollar.
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
