Question: Ken has a low value pool with an opening balance at the beginning of the 2021 year of $1,510. During the 2021 year he has

Ken has a low value pool with an opening balance at the beginning of the 2021 year of $1,510. During the 2021 year he has sold a bench saw for $890. The bench saw had been included his low value pool in a previous year at 100% taxable use. What will the closing balance of Kens low value pool be at the end of the 2021 year? Part A - provide full workings of your calculation Part B - provide closing balance of low value pool

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