Business acquires general machinery at price of $1,000,000 on March 1 and a patent with...
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Business acquires general machinery at price of $ on March and a patent with five years remaining life at a cost of $ on August How much allowable expensing can Business take for the year from these capital assets in order to maximize longterm tax deferral? Assume: $M preDIEP, preCCA net income; a discount rate of ; a tax rate of Consider options: maximize patent maximize machinery, patent class maximize machinery, patent class
Business acquires general machinery at price of $ on March and a patent with five years remaining life at a cost of $ on August How much allowable expensing can Business take for the year from these capital assets in order to maximize longterm tax deferral?
Assume: $M preDIEP, preCCA net income; a discount rate of ; a tax rate of
Consider options:
maximize patent
maximize machinery, patent class
maximize machinery, patent class
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