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Time left 0 : 4 4 : 2 3 Question 5 Not yet answeredMarked out of 1 . 0 0 Flag questionQuestion textLandfill Waste (

Time left 0:44:23Question 5Not yet answeredMarked out of 1.00Flag questionQuestion textLandfill Waste (Landfill) operates a waste disposal facility. On 1 July 2022, Landfill purchased new equipment at a cost of $450,000 and incurred delivery and installation costs of $50,000 for the equipment to become operational. The equipment has an effective life of 20 years, Landfill does not apply any small business concessions. What is the maximum deduction available to Landfill in respect of the equipment for the 2023 income year?Question 5Select one:$50,000$22,500$45,000$25,000

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