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2 Ms. Clark owns three rental office buildings, all purchased subsequent to 1987, before 2007. Calculate the CCA that she can claim on these properties

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2 Ms. Clark owns three rental office buildings, all purchased subsequent to 1987, before 2007. Calculate the CCA that she can claim on these properties for 2020, based on the following: Property 3 Original cost $2,900,000 $500,000 $100,000 UCC at January 1, 2020 $2,700,000 $400,000 $50,000 2020 rental revenue $189,000 $58,800 $18,000 2020 expenses: Interest $75,000 $12,000 $7,000 Property taxes $29,000 $6,000 $1,500 Depreciation $62,500 $12,500 $2,500 Other $6,000 $2,500 $1,000 48,300 125.800 189,000 126,000

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