What is the maximum deduction available to fore in respect

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Reference no: EM133654335

Question: Fore Holdings (Fore) operates a leisure centre. On 1 July 2022, Fore purchased a new golf simulator at a cost of $90,000 and incurred installation costs of $15,000 for the simulator to become operational. The simulator has an effective life of 15 years, Fore does not apply any small business concessions. What is the maximum deduction available to Fore in respect of the golf simulator for the 2023 income year?

Reference no: EM133654335

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