Question: The ACB of Small's non-depreciable assets in the corporation formed by amalgamation would be $400,000. Explanation: The tax value of the non-depreciable assets at the

The ACB of Small's non-depreciable assets in the corporation formed by amalgamation would be $400,000. Explanation: The tax value of the non-depreciable assets at the time of acquisition was $100,000. The fair market value of the non-depreciable assets at the time of acquisition was $300,000. The fair market value of the non-depreciable assets at the time of amalgamation is $400,000. The tax value of the non-depreciable assets at the time of amalgamation is $100,000. The tax value of Small's non-depreciable assets at the time of amalgamation is $100,000. The fair market value of Small's non-depreciable assets at the time of amalgamation is $400,000. The ACB of Small's non-depreciable assets at the time of amalgamation is $400,000

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