Question: There is a car limit for decline in value calculation purposes. A company purchases a car on 1 July 2017 for $70,000. The maximum depreciable

There is a car limit for decline in value calculation purposes. A company purchases a car on 1 July 2017 for $70,000. The maximum depreciable cost of the car is ______ . Select one: a. $57,466 b. $57,581 c. $57,123 d. $70,000

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