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You bought a new office space, the assessment of which is divided into $30,000 for the land and $120,000 for the building. Suppose the estimated

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You bought a new office space, the assessment of which is divided into $30,000 for the land and $120,000 for the building. Suppose the estimated market value of this asset is $40,000 at the end of seventh year. Find the undepreciated capital cost of the office space for year four. Use CCA=1%

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