1) Which of the following assets is NOT eligible for capital cost allowance in the current year? a) A delivery truck is purchased in December of the current year. The truck is not paid for until January of the following year. b) An employee owns and uses a truck for employment duties during December. His pay for December is not received until January of the following year. c) A delivery truck is leased during the year on a 3 year lease. d) A delivery truck is purchased during the year on a 3 year financing term. 2) When calculating taxable property income for a rental property, which of the following should never be included in the calculation? a) Half year rule. b) Short fiscal period rule. c) Recapture d) Terminal loss