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sdfsdCalculate the net business income for Muldoon Enterprises Ltd . for the fdsdfcurrent year. ( Round your answers to the nearest whole dollar. ) Net
sdfsdCalculate the net business income for Muldoon Enterprises Ltd for the fdsdfcurrent year. Round your answers to the nearest whole dollar.
Net income
Legal fees
Disallowed meals and entertainment expenses
Depreciation expense
Club duesmembership fees
Less: CCA
Laptop computers
Net business income
Income statement
Notes to income statement
Muldoon Enterprises Ltd is a small business corporation operated by the sole shareholder, Austin
Muldoon.
Accounting and legal includes legal fees related to Austin's dispute in regards to a personal car
accident in the amount of $
Advertising and promotion includes 'Meals and Entertainment' costs in the amount of $
Information for Capital Cost Allowance CCA purposesthe Undepreciated Capital Cost UCC at
December of the prior year was as follows:
Class Office & General Equipment: $
Class Automotive Equipment: $
What is the CCA for current year?
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