question archive Kinnetics Inc
Kinnetics Inc
Subject:EconomicsPrice:2.87 Bought7
Kinnetics Inc. purchased Class 8 (20% CCA Rate) equipment for $10,000 on July 23, 2014. Opening UCC for Class 8 in 2014 was $13,000. Kinnetics is subject to 40% taxation.
Ending UCC in 2014 is:
Option 1
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