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Given the Following Information, Determine the Unrecovered Depreciable Basis: Depreciable

Question 16

Multiple Choice

Given the following information, determine the unrecovered depreciable basis: Depreciable Basis: $300,000, Declining Balance Depreciation: 200%, Cost Recovery Period: 7 years.


A) $42,857
B) $85,714
C) $214,286
D) $257,143

Correct Answer:

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