Tlte company acquired a property for 600000 the building


Tlte company acquired a property for $600,000. The building costs are 70% of total value and the balance is land. What is the capital cost allowence for Year 2 if the capital cost allowance is 20% declining balance rnethode half-year rules applies and put-in-use ineflect (new rules)?

 

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Finance Basics: Tlte company acquired a property for 600000 the building
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