Which of the following cases is not eligible for capital cost allowance in the current year? Help
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Question:
Which of the following cases is not eligible for capital cost allowance in the current year?
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Multiple Choice
A new engine is installed in a semitrailer that is used to haul produce
to Mexico
An employee owns and uses an autortiobile in the course of their employmricht duties during the month of December Their pay for December is not
received until January of the following year
A piece of equipment was purchased during the year on a 5 year financing term
A building under construction is scheduled for completion in eighteen months. The building will be used as a production facility
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