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2 Perfect Accruals Inc., purchased an asset five years ago for a cost of $950,000....

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Accounting

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2 Perfect Accruals Inc., purchased an asset five years ago for a cost of $950,000. The asset has a CCA rate of 30%. The company is selling this asset for 20% of its original cost. By what amount should the UCC in the asset class be reduced by? 1 points Multiple Choice eBook $190,000 O $200,000 O O $83,092 O $193,881 $285,000

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