Tori just purchased some equipment that belongs in a 35% CCA class. The equipment cost $167,400. What will be the book value of the equipment at the end of year three? Question $58,349 $61,203 $ 72,670 $94,730 $119, 189

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter14: Property Transact Ions: Capital Gains And Losses, § 1231, And Recapture Provisions
Section: Chapter Questions
Problem 33CE
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Tori just purchased some equipment that belongs in a
35% CCA class. The equipment cost $167,400. What
will be the book value of the equipment at the end of
year three? Question
$58,349 $61,203 $
72,670 $94,730 $119, 189
Transcribed Image Text:Tori just purchased some equipment that belongs in a 35% CCA class. The equipment cost $167,400. What will be the book value of the equipment at the end of year three? Question $58,349 $61,203 $ 72,670 $94,730 $119, 189
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