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The undepreciated Class 8 fraction ( 2 0 % depreciable ) at the beginning of 2 0 0 2 is $ 7 2 , 0

The undepreciated Class 8 fraction (20% depreciable) at the beginning of 2002 is $72,000. In 2002, the company purchased a property of the same class for $100,000. In the same year the company sold equipment for $10,000. If the half-rate rule applies, the UCC at the end of 2002 is

 

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