Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / At the beginning of 2020, Rodlin Inc
At the beginning of 2020, Rodlin Inc. has two assets in Class 8. The cost of each asset was $980 and the Class 8 UCC balance on January 1, 2020 was $250. On July 31, 2020, one of the assets was sold for $360. There are no other additions or dispositions prior to the Company's December 31, 2020 year end.
What is the amount of the increase in the Company's net business income as a result of this disposition? Enter as a positive number.
Already member? Sign In
