Delta is a carpenter who purchases her own tools for work. She purchased the following items during
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Question:
Delta is a carpenter who purchases her own tools for work.
She purchased the following items during the financial year.
Band Saw Effective Life Rate: years
$
work purposes
Bench Drill Effective Life Rate: years
$
work purposes
Table Saw Effective Life Rate: years
$
work purposes
Laptop Effective Life Rate: years
$
work purposes
She has an existing low value pool which had a closing balance of $ at the end of the financial year.
Calculate the closing balance of Deltas low value pool for the financial year.
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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