Question: XYZ Company purchases computer software that is not system software during the current year. The acquisition cost is $5.000, and the assets are Class 12
XYZ Company purchases computer software that is not system software during the current year. The acquisition cost is $5.000, and the assets are Class 12 with no special circumstances. Using only this information, XYZ takes the maximum lowable CCA for the year, what is the UCC on Class 12 sets at the beginning of the following year? Choose the correct answer OA $2.500 B. 54.000 OC. $3,600 OD 10
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