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  • 19-03-2024
  • Business
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An asset costs $675,000. The CCA rate for this asset is 25%. The asset's useful life is two years after which it will be worth $50,000. The corporate tax rate on ordinary income is 35%. The intere:
a) $125,000
b) $137,500
c) $146,250
d) $156,875

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