Question: Suppose Prince Rupert Fly n Fish Inc decides to sell
Suppose Prince Rupert Fly ‘n’ Fish Inc. decides to sell its first aircraft for $50,000 in year 2 (purchased for $70,000 in year 1). As before, the second plane costs $90,000 and is bought and put in service in year 2. Find the UCC at the end of year 3.
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