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8 Anax Corporation purchased a long-term asset for $100,000. The asset has a 30% CCA...

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8 Anax Corporation purchased a long-term asset for $100,000. The asset has a 30% CCA rate. At the end of year 5, Anax sold the asset for 25% of its original value. Given this information, determine the value of the terminal loss or recapture at the end of year 5. 1 points Multiple Choice eBook Recapture $4,391 Terminal Loss $1,501 O Recapture; $4,591 O O Terminal Loss $4,391 Recapture $1,501 O

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