question archive kinnetics inc

kinnetics inc

Subject:AccountingPrice:2.87 Bought7

kinnetics inc. purchased class 8 equipment (20% cca rate) for 10000 on july 23, 2014.opening ucc for class 8 in 2014 was 13000 kinnetics is subject to 40 % taxation.

tax benefit from write-offs in 2014 is:

Option 1

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2.87 USD

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