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You purchase a $2,000 coin-op video game for your software company. You remove the coin-op mechanism so that the game can be played for free
You purchase a $2,000 coin-op video game for your software company. You remove the coin-op mechanism so that the game can be played for free and put it in your break room. (use the T2-Tax guide provided, see page 41)
a) What capital class is the machine? Justify your answer. (2 points)
b) What is the first year depreciation for the game? (1 point)
c) What class would it be if you left on the coin-op mechanism? (1 point)
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