Herb owns a metal working business, from which he draws a salary of $40 per hour. Herb
Fantastic news! We've Found the answer you've been seeking!
Question:
Herb owns a metal working business, from which he draws a salary of $40 per hour. Herb needs a custom metal press, but he could not find what he wanted on the market, so he modified an existing press that he purchased years ago for $6,800. He spent $400 on additional supplies and spent 30 hours doing the conversion. What is the capital cost of the press for CCA purposes?
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date: