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Q12) A company has purchased an equipment costing $84,300. The equipment has a useful life of...
Q12) A company has purchased an equipment costing $84,300. The equipment has a useful life of 3 years with a salvage value of $34,100. CCA will be taken using a rate of 30.00%. The tax rate is 29.00%, while the discount rate is 9.00%. Assuming the company takes all available CCA every year and there will be some assets remaining in the CCA class after year 3, what is the EAC of this equipment? 16,741 17,194 17,646 18,099 18,551
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