Smismiles zone professional corporation operates a dental practice with a December 31 fiscal year end...

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Accounting

Smismiles zone professional corporation operates a dental practice with a December 31 fiscal year end at the beginning of the current year smile zone has a class eight UC balance of $21,340 during the current year and asset with the cost of 25,000 is sold for 22,000 there is no other disposition during the year and there are several assets remaining in class eight what are the tax consequences of this disposition?

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