c and d are two clay buildings used by the economic unit. Both are amortized on a straight-line basis for 50 years. 30% of the value of these sounds belongs to the ground element. the unit has used the cost model for identifying material assets

Answer rating: 100% (QA)

The property plant and equipment is being depreciated on a straight line basis over six years for financial statement purposes and is a Class 8 20 asset for tax purposes CCA of 162000 Anthonys income ... View the full answer