Question

On its statement of financial position, a company shows buildings purchased for $700,000, equipment purchased for $350,000, and machinery purchased for $170,000. The depreciation and capital cost allowance rates for these non-current assets are as follows:


For the first five years of operation, calculate the amount of depreciation and capital cost allowance for the non-current assets.


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  • CreatedDecember 03, 2014
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