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What amount will be credited to break dance corporation

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Reference no: EM133188896

Question - Break Dance Corporation sold a real estate investment last year and received proceeds of $220.000. The property had an ACB of $70,000. What amount will be credited to Break Dance Corporation's capital dividend account?

a) $75,000

b) $150,000

c) $225,000

d) $35,000

Reference no: EM133188896

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