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Tori Just Purchased Some Equipment That Belongs in a 35

Question 20

Multiple Choice

Tori just purchased some equipment that belongs in a 35% CCA class. The equipment cost $167,401. What will be the book value of the equipment at the end of year three?


A) $58,349
B) $61,203
C) $72,670
D) $94,730
E) $119,189

Correct Answer:

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